Munster sees wearable computers being an important product line for Apple
Rumors of an iOS smartwatch have been spread before
The Piper Jaffray analyst does feel that sometime over the next 10+ years, wearable computers could replace the Apple iPhone and Apple iPad and support voice calls, navigation, texting and quick searches through the use of voice control. With the possibility of cheaper screens in eyeglasses or projectors replacing the more expensive display on the Apple iPhone, Apple will be able to produce a cheaper product to sell to emerging markets.
"While we are unsure of the ultimate launch timing (likely 2014 or later), we believe that Apple will eventually introduce some type of wearable computing product,” he writes. “As we have previously noted, we believe that wearable computers will ultimately be a major future trend."-Gene Munster, analyst, Piper Jaffray
The iOS smartwatch that Apple and Intel are supposedly working on, would feature an OLED screen with ITO (indium tin oxide) coated glass.While not much is known about the device, speculation calls for it to be introduced sometime in the first half of this year.
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