Apple doesn't rush to market with its
products. It waits for the competition to pave the way -- experimenting
and often failing to ignite much interest. Then, when it's Apple time,
the company steps forward with a beautifully designed iWhatever and
simply tells consumers: "This is what you want." It worked with the
iPod, iPhone and iPad -- but will it work with an "iWatch"?
Apple reportedly is
preparing to ship multiple versions of a smartwatch this coming fall,
as competition increases in the wearable technology space.
Its
long-rumored smartwatch
will be available in multiple screen sizes and will include more than
10 sensors that will allow it to track the wearer's health and fitness
metrics, among other information, according to a
Wall Street Journal report.
Apple wants to address the notion that smartwatches currently on the
market do not provide significant additional functionality beyond what
a smartphone can do, it seems.
Apple provided a hint of its plans for health and fitness features
when it unveiled Health at its Worldwide Developers Conference earlier
this month. The app aims to centralize all of a user's fitness and
health information. The reveal of the app added fuel to the rumors that
Apple was preparing to launch its smartwatch imminently.
New Product Lines
The company's chief executive, Tim Cook, already had promised to
push into new product categories by the end of the year. The last time
Apple debuted a major new product was four years ago, when it launched
the iPad -- before Cook took charge of the company.
Production of the smartwatch may start within a few months at
Taiwanese manufacturer Quanta Computer, with the aim of bringing the
device to market by October. Quanta is expected to start trial runs
later this month, the
WSJ said, with total shipments of
between 10 million and 15 million by the end of the year. Apple is said
to be confirming the specifications before starting production.
Whenever Apple happens to debut its smartwatch, it will be late.
Samsung has the Galaxy Gear smartwatch and Google has Google Glass. The
Pebble smartwatch syncs with the wearer's smartphone and provides
notifications including for incoming calls, text messages and emails.
Meanwhile, several wearable devices track the wearer's health and
fitness data, such as Nike's FuelBand and the Fitbit.
'Stronger Status Symbol'
"In effect, the smartwatch could replace the smartphone," said Rob Enderle, principal at the
Enderle Group.
Apple's watch "could have a display that was nearly as large. It
would be harder to lose and drop, it would be easier to use hands-free
-- with voice command -- and it would be more visible, making it a
stronger status symbol," he told TechNewsWorld.
"I doubt Apple will go this way though," Enderle continued, "because
they want people to buy both an iPhone and an iWatch -- not cannibalize
the phones. So it will likely be more of an extension of the iPhone
with an exercise focus. It will likely alert you if you leave your
phone behind and become a phone tracker if you misplace the phone."
Wearable technology is a key growth sector, with global sales
predicted to reach 19 million units this year, more than tripling
sales. Device sales will soar to 111.9 million within four years,
according to
IDC.
However, Apple might face a tough battle getting its smartwatch onto the wrists of consumers.
'Simply Gadgets'
"The fact of the matter so far is that consumers don't want
smartwatches as they are currently designed. That's why they don't
sell," said Carl Howe, vice president of research and data sciences at
the
Yankee Group.
"That suggests that today's products are largely technology
solutions for problems that don't strike most consumers as true needs;
they simply are gadgets," he told TechNewsWorld.
"New areas like this have to be defined first before there is
demand. For instance, no one really wanted a car in the 1900s except
the geeks of that time," Enderle said.
"Now, because the market has been defined, most everyone wants a
car. Tablets were a nonstarter outside of vertical markets before the
iPad, as well. But most consumers don't yet want a smartwatch because
no one has brought one to market that consumers have been attracted
to," he observed. "You need both a compelling product and a way to
create demand for it. This isn't a 'build it and they will come'
market."
Market-Defining Opportunity
The Apple brand is powerful. It created consumer desire for smartphones, and it might do the same for the smartwatch.
"Until the iPhone, consumer demand for touchscreen phones was nil.
Some of that was that the products were bad, but some of that also was
that they didn't do enough to solve a real consumer problem," Howe
noted.
"What Apple did was to design something in which the touchscreen was
a means to be able to synthesize three products in one. [It combined]
an iPod, a phone and an Internet communications device into one elegant
device," he said. "I suspect Apple will do something similar in future
wearable products as well. Their wearability will be a feature, but
they'll actually address several consumer wants and desires in one
elegant product."
