Apple is currently one of the most famous and most profitable companies in the world. It has gone a long way since it’s foundation in 1977. Like most successful businesses it started with a great idea and with youthful enthusiasm and hard work it soon became a force to be reckoned. It is now one of the market leaders when it comes to consumer electronics, computer software and personal computers. Its latest project the iWatch gave birth to a lot of rumors and controversies. The product is believed to be such an innovative project that it will shatter any trace of competition for the company.
Although the details of the project are still unclear there are a few leaks of information. It is said that the product will be able to communicate with an IPhone and display alerts or messages. Others believe that the new smart watch will be able to make calls and even write message. One might argue that such a device will be useless taking into account the multiple uses of the smartphone. However we must take into account the flexibility that it would offer. Rather than having to find your phone every time it rings you could just check your watch. A device like this could prove to be extremely useful while driving or performing other actions. It could redefine the concept of multitasking.
In order to predict the possible success of such a product we mush analyze the technological developments in the past few years. Smartphones have already replaced IPods and other such gadgets and the tablet computers are currently replacing laptops. It would seem that a smart watch is the next technological step. After all technology is always changing, an attempt to create a smart watch has already been made. It is called Pebble and it can be connected to a smartphone.
The thing that makes the iWatch a genius product is the fact that it will be able to perform a lot of the functions of a smartphone, however, it will be a lot easier to carry around. Portable technology is becoming more and more popular and a smart watch could be just the thing to satisfy the demands of the market. However the success of the product depends on other factors as well, not just its functionality. Whether or not the product will be accessible to everybody is also an essential factor. For example if the watch proves to be very expensive and will only be accessible to certain individuals this can create a problem. A patent is not a guarantee that Apple will be the only company to produce such a watch. The competition could find loopholes in the patens and create a similar product at a smaller price. Whether or not this will be a success depends on a lot of factors.
Speculations are numerous but taking into account the fact that the company is acquiring multiple patterns regarding a smart watch and official statements saying that the company has over 100 people working on the project could indicate that the revolutionary product will hit the market soon enough.