1-Up on Wall Street: Will You Let Android Be Your Electronic Eyes and Ears?

At the annual South By Southwest conference in Austin, Texas, Google (NASDAQ: GOOGL  ) unveiled plans to introduce a software development kit, or SDK, for developers to create apps for Android-powered wearable devices. Will the move force Apple (NASDAQ: AAPL  ) to respond?

Host Ellen Bowman puts this question to Fool analysts Nathan Alderman and Tim Beyers in this week's episode of 1-Up on Wall Street, The Motley Fool's Web show in which we talk about the big-money names behind your favorite movies, toys, video games, comics, and more.

Nathan says the strategy is classic Google: devise an experiment and let developers and entrepreneurs design products to take advantage of the underlying system. We could very well see a flood of new devices within a few months after the SDK gets into developers' hands, especially now that Samsung (NASDAQOTH: SSNLF  ) plans to use its own operating system, Tizen, as the basis for its next generation of smart watches.

Tim agrees but also notes that Apple is already busy at work on something in the wearables space. Whether it's an iWatch or some other devices we haven't yet considered isn't the point. The Mac maker has hired serious talent from the fashion industry to gain a foothold in stylish wearables.

Bottom line: While their approaches may be different -- even wildly so -- investors can expect Apple and Google to commit the resources necessary to make a play at winning a big share of this growing market.

Now it's your turn to weigh in using the comments box below. Do you trust Google enough to wear Android-powered devices? Are you waiting for Apple's entry into the wearables market? Please watch the video as Ellen puts Nathan and Tim on the spot, and be sure to check back here often for more 1-Up on Wall Street segments.

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Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On March 16, 2014, at 12:04 PM, zkp wrote:

    How about a Babylon 5 T-shirt next week?

  • Report this Comment On March 17, 2014, at 11:13 AM, TMFMileHigh wrote:

    @zkp,

    Crap. I don't have one. In fact, I have a disturbingly few number of sci-fi themed tee shirts. Needs fixing -- I'll be sure to add some sci-fi to my SDCC tee shirt shopping list.

    Thanks for watching and for the suggestion!

    Foolish best,

    Tim

    --

    TMFMileHigh in CAPS and on the boards

    @milehighfool on Twitter

    http://about.me/timbeyers

    http://timbeyers.me

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