Well, Apple is not the only one that seems to be developing a wearable computer. Google is planning to put out a new product called the "Google Glass" on the market in 2014. This product will not be in form of a watch, but glasses; it will have a display, a camera, and the ability to connect to the Internet via Wi-Fi and Bluetooth. In addition, people also say that Samsung is in progress of developing a "smartwatch."
It's great that these companies are coming up with these new products that could generate huge revenues and returns for shareholders. However, just like the smartphones, I have a feeling that these products will produce a new set of patent wars. After all, there are already wearable computing products out there, such as the FuelBand from Nike, and the Flex band from Fitbit. On a side note, Apple has already filed a number of patents for the iWatch, one including a wristband that uses a bi-stable spring, similar to a snap bracelet.
http://www.forbes.com/sites/anthonykosner/2013/02/21/the-iwatch-as-snap-bracelet-apple-just-got-the-patent/
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