Now that the latest rev of the iPad nano isn't suitable for wearing as a watch, perhaps Apple will release an iWatch. It might be profitable.
A new report from Juniper Research (www.juniperresearch.com) has valued the next-gen wearable devices market to be worth more than US$1.5 billion by 2014, up from $800 million this year. These revenues will be largely driven by consumer spending on fitness, multi-functional devices, and healthcare, according to the research group.
Classified as a "future form factor" for computing devices, next generation wearables, including smart glasses and other head-mounted displays, will provide a multitude of functions either independently or in conjunction with a third party platform. Influential players such as Apple and Google have already made key strategic moves in this sector, notes Juniper Research.
The use of wearable devices connected to the...| Read more »