Apple's Rumored iWatch Could Be Worth Billions

Many industry observers expect 2014 to be exciting in terms of new product debuts in the tech sector, as many of the world's largest tech companies all vie for their piece of emerging growth markets in both watches and TVs. Samsung is widely expected to beat its archrival Apple (AAPL +0.33%) as the first to enter the smart watch space, by launching its Galaxy Gear smart watch next month. However, Apple's rumored iWatch recently made headlines, as one analyst suggested the next-gen device could make tens of billions of dollars in its first year on the market alone. In this video, Fool contributor Andrew Tonner discusses the news and how it could affect Apple's stock.