CIO Today

CIO Today Network Sites:   Top Tech News  |   CIO Today   |   Mobile Tech Today   |   Data Storage Today
Daily Briefing for Technology's Top Decision-Makers
Vblock™ Systems:
Advanced converged infrastructure
increases productivity & lowers costs.

www.vce.com
Wednesday, April 23rd 
The future of tape is here.
This ad will display for the next 20 seconds. Please click for more information, or scroll down to pass the ad, or Close Ad.
Trending Topics:   Security Heartbleed Big Data Cloud Computing Windows XP Data Centers OS X Mavericks
Home
Enterprise Software
Enterprise Hardware
Big Data
Network Security
Cloud Computing
CRM Systems
Data Storage
Operating Systems
Communications
CIO Issues
Mobile Tech
Chips & Processors
World Wide Web
Business Briefing
After Hours
Press Releases
 
Free Newsletters
Top CIO News
 
Mobile Tech Today
 

Innovation

Could an Apple iWatch Be a Digital Wallet?

Could an Apple iWatch Be a Digital Wallet?
February 11, 2013 11:47AM

Bookmark and Share
Whether an Apple smart watch would be a hit depends on what it could do. Beyond telling time and sending alerts from your iPhone to your wrist, an iWatch could contain sensors that would replicate what the Nike FuelBand or Jawbone Up do. An Apple version with connectivity to other Apple devices makes sense, said analyst Avi Greengart.

Your Next Generation Data Center Is Here! Vblock™ Systems: the world's most advanced converged infrastructure are built on the Cisco Unified Computing System with Intel® Xeon® processors. Vblock™ Systems deliver extraordinary time to market, ROI and TCO, and flexibility to meet your continually changing demands with 5X faster deployment, 96% less downtime, and 1/2 the cost. Click here to learn more.

The rumors about an Apple iWatch just won't die. The New York Times and The Wall Street Journal both have new reports out about a Dick Tracy-like (or Inspector Gadget or James Bond, if you prefer) Apple experience on the wrist.

"The company has discussed such a device with its major manufacturing partner Hon Hai Precision Industry [Foxconn]," The Journal said. "Apple has been exploring the area for some time, according to the people briefed on the effort, and has hired employees with backgrounds in sensors and related technologies in recent years."

Although Apple declined to comment on the speculation, rumors are heating up about what an Apple iWatch would look like. So far, it's really the same story from December in which Tech163.com reported that Apple was in cahoots with Intel to build an iOS watch. The Chinese site said supply-chain resources had leaked details describing the watch as a Bluetooth-enabled device with a 1.5-inch OLED screen.

Could Apple Break Through?

Sources say Apple could roll the iWatch to the masses as early as the first half of 2013. It may be just a rumor, though. There's no indication that the late Steve Jobs, co-founder and former CEO of Apple, opined to Walter Isaacson or anyone else about a smart watch before he died.

"Over the long term, wearable computing is inevitable for Apple; devices are diversifying and the human body is a rich canvas for the computer," said Sarah Rotman Epps, a Forrester analyst who specializes in wearable computing and smartphones, told The New York Times. "But I'm not sure how close we are to a new piece of Apple hardware that is worn on the body."

Of course, an Apple smart watch wouldn't be the first wearable device on the market. But Apple wasn't the first smartphone on the market either. In other words, Apple could succeed where Microsoft, Sony Ericsson and others have failed with a new rendition of wearable technology -- or just with the Apple cache.

Imaginations Run Wild

Avi Greengart, an analyst at Current Analysis, told us he had no firsthand knowledge of an imminent iWatch, but the notion that Apple would create a product that would tap into its existing platforms -- iOS, iTunes and iCloud -- was at least plausible.

"If someone were to tell me Apple was working on Tastykakes, I would say that's non-plausible," Greengart said. "If they say Apple is working on a new version of their Apple TV box, I'd say I'm expecting that. The iWatch is somewhere between the two."

Whether it would be a mass hit depends, in part, over what an iWatch could do. Beyond telling time and sending alerts from your iPhone to your wrist, the product could contain sensors that would replicate what the Nike FuelBand or Jawbone Up currently do. An Apple version with native connectivity to an Apple app that runs on your iPhone or iPad might certainly make sense, Greengart said.

He also pointed to uses like authentication, storing passwords and physical access. Apple could tackle the RFID use case with an iWatch to offer a digital wallet. Indeed, there are many types of apps people probably haven't even thought of yet.

"I wouldn't presuppose you would buy or wouldn't buy the iWatch unless Apple actually comes out with the product, which is why people get all lathered up about speculating," Greengart said. "The product doesn't exist, so you can imagine it does anything."

Tell Us What You Think
Comment:

Name:



 Innovation
1. Poll: A Mix of Feelings on Future Tech
2. Google Grabs Droid-Maker
3. Report: Amazon Phone To Feature 3D
4. Ups and Downs with Google Glass
5. Online Access for the Deaf and Blind




 Most Popular Articles
1. BlackBerry Drops T-Mobile After Nasty Spat
2. Cisco, IBM Launch Internet of Things Consortium
3. Salesforce CRM Gets Industry Specific for Internet of Customers
4. Intel Bets on Cloudera for Big Data Analytics
5. SAP HANA Data Warehouse App Gets Faster Analytics

Have an informed opinion on this story?
Send a Letter to the Editor.
We want to know what you think.
Send us your Feedback.

 Related Topics  Latest News & Special Reports

  Hortonworks, Concurrent To Partner
  Microsoft, BMC Targeting VMware
  AT&T in $500M Net Video Partnership
  Verizon Report Exposes Cyberthreats
  Samsung: $2.2B Too Much for Apple

 Technology Marketplace
Business Intelligence
Get real-time, cloud-based information services with Neustar.
 
Cloud Computing
Next Generation Data Center Is Here! Vblock™ Systems from VCE
 
Contact Centers
HP delivers the future of the contact center with HP Qfiniti 10.
 
Data Storage
Next Generation Data Center Is Here! Vblock™ Systems from VCE
Barium Ferrite (BaFe) is the future of tape.
2.5" Enterprise-class SATA & SAS SSDs for server & storage applications
 
Enterprise Hardware
Barium Ferrite (BaFe) is the future of tape.
2.5" Enterprise-class SATA & SAS SSDs for server & storage applications
 
Hardware
Protect your network with APC Smart-UPS battery backup
 
Network Security
Protect your network with APC Smart-UPS battery backup
 

Network Security Spotlight
Verizon Data Breach Report Exposes Top Threats
Beyond Heartbleed, there are cyberthreats vying to take down enterprise networks, corrupt smartphones, and wreak havoc on businesses. Verizon is exposing these threats in a new report.
 
Where Do Web Sites Stand, Post-Heartbleed?
A security firm says the vast majority of Web sites have patched themselves to protect against the Heartbleed bug, but now there are questions raised on the reliability of open-source programs.
 
White House Updating Online Privacy Policy
A new Obama administration privacy policy explains how the government will gather the user data of online visitors to WhiteHouse.gov, mobile apps and social media sites, saying much is in the public domain.
 
Navigation
CIO Today
Home/Top News | Enterprise Software | Enterprise Hardware | Big Data | Network Security | Cloud Computing | CRM Systems
Data Storage | Operating Systems | Communications | CIO Issues | Mobile Tech | Chips & Processors | World Wide Web
Business Briefing | After Hours | Press Releases
Also visit these Enterprise Technology Sites
Top Tech News | CIO Today | Mobile Tech Today | Data Storage Today

Services:
FreeNewsFeed | Free Newsletters | XML/RSS Feed

About CIO Today Network | How To Contact Us | Article Reprints | Services for PR Pros (In partnership with NewsFactor) | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 CIO Today. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.