Canalys: smartwatch shipments to exceed 5 million in 2014
Recently, we passed along word that Apple is having problems getting its iWatch past a certain design issue that its current team can't seem to get past. As a result, Apple has been aggressively hiring talent in an effort to get the watch to market as soon as possible. But any delays, especially on the part of Apple, could jeopardize Canalys' prediction. The recent news about Apple's hiring plans suggests that we might not see the iWatch unitl late next year.
Also jeopardizing the prediction is the research firm's own definition of a smartphone. "Canalys defines smart watches as smart wearable bands. Smart wearable bands are multi-purpose devices that can run third-party computing applications and are designed to be worn on the body, and not carried." Canalys analyst James Wong says, "Creating a competent developer platform specifically for the form factor will be an enormous challenge. Google and Microsoft must execute more successfully than they have done with their tablet platforms and will have to adapt their business models appropriately."