Top Tech News

CIO Today Network Sites:   Top Tech News  |   CIO Today   |   Mobile Tech Today   |   Data Storage Today
News & Product Reviews for Tech Leaders
Wednesday, April 16th 
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
Network Security
Tech Trends
Cloud Computing
Hardware
Applications
Microsoft/Windows
Apple/Mac
Mobile Tech
World Wide Web
Big Data
Communications
Hackers
Chips & Processors
Linux/Open Source
Personal Tech
Press Releases
 
Free Newsletters
Top CIO News
 
Mobile Tech Today
 

Apple/Mac

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.

Neustar, Inc. (NYSE: NSR) is a trusted, neutral provider of real-time information and analysis to the Internet, telecommunications, information services, financial services, retail, media and advertising sectors. Neustar applies its advanced, secure technologies in location, identification, and evaluation to help its customers promote and protect their businesses. More information is available at www.neustar.biz.

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:



 Apple/Mac
1. Phones Annoy Patent Trial Judge
2. Apple vs. Samsung: Latest News
3. Hey Siri, Can You Hear Me Now?
4. Finding Apple-Samsung Jury Hard
5. 5.5-inch iPhone 6 Rumored




 Most Popular Articles
1. BlackBerry Drops T-Mobile After Nasty Spat
2. Salesforce CRM Gets Industry Specific for Internet of Customers
3. $200 'Micro' 3D Printer Earns Big on Kickstarter
4. HP Rolls Out New Software-Defined Network Products
5. Fast Seagate 6 TB Drive Offered for Enterprise Data Centers

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

  IBM Adds Disaster Recovery to SoftLayer
  Mark Hurd's 5 Keys to Market Success
  Amazon 3D Smartphone Pics Leaked
  Zebra Buys Motorola Enterprise Biz
  How To Beat the Heartbleed Bug

 Technology Marketplace

Business Intelligence
Get real-time, cloud-based information services with Neustar.
 
Cloud Computing
BMC's I.T. solutions unleash the power of your business
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
2.5" Enterprise-class SATA & SAS SSDs for server & storage applications
Barium Ferrite (BaFe) is the future of tape.
 
Enterprise Hardware
2.5" Enterprise-class SATA & SAS SSDs for server & storage applications
Barium Ferrite (BaFe) is the future of tape.
 
Enterprise I.T.
BMC's I.T. solutions unleash the power of your business
 
Hardware
Protect your network with APC Smart-UPS battery backup
 
Network Security
Protect your network with APC Smart-UPS battery backup
 

Network Security Spotlight
IBM Offers Security, Disaster Recovery as SoftLayer Service
New disaster recovery and security services for SoftLayer clients are being added by IBM. Big Blue said the new capabilities will speed cloud adoption by alleviating concern over business continuity.
 
How To Beat the Heartbleed Bug
Heartbleed headlines continue as IT admins scramble for answers no one has. Early reports of stolen personal data, including 900 social insurance numbers in Canada, are starting to trickle in.
 
After Heartbleed, OpenSSL Calls for More Support
The president of the OpenSSL Foundation says more support is needed from companies and governments that use its software so that it can better spot and fix flawed pieces of code such as Heartbleed.
 

Enterprise Hardware Spotlight
Vaio Fit 11A Battery Danger Forces Recall by Sony
Using a Sony Vaio Fit 11A laptop? It's time to send it back to Sony. In fact, Sony is encouraging people to stop using the laptop after several reports of its Panasonic battery overheating.
 
Continued Drop in Global PC Shipments Slows
Worldwide shipments of PCs fell during the first three months of the year, but the global slump in PC demand may be easing, with a considerable slowdown from last year's drops.
 
Google Glass Finds a Home in Medical Education, Practice
Google Glass may find its first markets in verticals in which hands-free access to data is a boon. Medicine is among the most prominent of those, as seen in a number of Glass experiments under way.
 

Mobile Technology Spotlight
Amazon 3D Smartphone Pics Leaked
E-commerce giant Amazon is reportedly set to launch a smartphone after years of development. Photos of the phone, which may feature a unique 3D interface, were leaked by tech pub BGR.
 
Zebra Tech Buys Motorola Enterprise for $3.45B
Weeks after Lenovo bought Motorola Mobility’s assets from Google for $2.91 million, Zebra Technologies is throwing down $3.45 billion for Motorola’s Enterprise business in an all-cash deal.
 
CTIA Caves, Volunteers Kill Switch Plan
After bucking against the concept of a smartphone kill switch, the CTIA just announced the “Smartphone Anti-Theft Voluntary Commitment” to thwart smartphone thefts in the U.S.
 

Navigation
Top Tech News
Home/Top News | Network Security | Tech Trends | Cloud Computing | Hardware | Applications | Microsoft/Windows
Apple/Mac | Mobile Tech | World Wide Web | Big Data | Communications | Hackers | Chips & Processors
Linux/Open Source | Personal Tech | 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 Top Tech News. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.