By the time Apple ships its rumored "iWatch" smartwatch, the company will be entering a crowded market.
A smartwatch is a wristwatch device that connects to the Internet (directly or via a smartphone) and runs apps.
The Financial Times this week reported that Google's Android group (not the company's X Lab) is developing a smartwatch. That suggests Google plans to ship a smartwatch soon, possibly this year, and could even announce it at the Google I/O developers conference on May 15.
A Samsung executive this week not only announced that his company is working on a smartwatch, but that they've been working on it for a long time.
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Source: http://www.computerworld.com/s/article/9237829/8_myths_about_the_smartwatch_revolution#tk.rss_all
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