The following video is from Wednesday's installment of The Motley Fool's Weekly Tech Review, in which host Chris Hill, and analysts Eric Bleeker and Lyons George take a look at the biggest stories driving the tech sector this week.

In this segment, Eric and Lyons discuss Apple's (NASDAQ:AAPL) ambitions around creating an "iWatch." In the past week, Apple applied for a trademark on the term iWatch in Japan, Mexico, and Taiwan, leading many to speculate as to whether the launch of an iWatch is imminent, and whether such a product would be another hit product from Apple. 

Eric discusses why any narrative around whether a watch will "save" Apple is misguided. As he says, ideas like Apple TV, iOS in the Car, and an iWatch are as much about broadening iOS out into complementary areas as they are about bottom-line padding. Looking at a watch purely on bottom-line impact fails to capture what Apple's ambitions are with products its currently exploring. 

The two also discuss whether Apple signing up for trademarks makes any product launch imminent, and the possible success of watch concepts from Microsoft (NASDAQ:MSFT) and Android companies like Sony (NYSE:SNE) and Samsung. 

For the full video of this installment of the weekly Tech Review, click here. Or watch the segment on the iWatch below. 

The relevant video segment can be found between 0:00 and 5:04.