This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Apple Tries to Trademark 'iWatch' Name

NEW YORK ( TheStreet) -- Apple (AAPL - Get Report) is trying to trademark the name "iWatch" in Japan, a move that provides additional proof that a formal "smartwatch" announcement may be in the works.

Apple shares were rising 2.8% on the report to $407.93 at 11:06 a.m. in New York.

According to a Yahoo Japan story, Apple submitted the paperwork for the iWatch trademark on June 3rd. A few months earlier, Apple had filed an application for a U.S. patent to cover a watch-like device with a smartphone-like touchscreen. The device could be powered by kinetic energy such as movements of the wrist.

Apple reportedly also applied last month in Russia for an iWatch trademark.

In an interview back in May, Apple CEO Tim Cook hinted that a wearable computer might be the next, logical step for the company's product line. He noted that a user's wrist would probably be a natural location for such a device.

Apple is not the only company working on wearable computers. Google (GOOG - Get Report) Glass -- a computer built into an eyeglass frame -- is still in the experimental stage. Very early adopters have paid $1,500 to be among the first to wear and test the head-mounted computer, known as the Explorer Edition model. And yes, Google has already patented the entire "Project Glass" design.

Apple is not the only company applying for the Japanese trademark. Several other designers have also applied for the right to own the term "iWatch." A trademark official in Tokyo's patent office would only say that Apple's request must go through the proper channels before it could be approved.

There is one other possibility. Apple has also been rumored to be working on a smart TV set. iWatch could also be connected, in some way, to that project as well.

--Written by Gary Krakow in New York.

>To submit a news tip, send an email to: tips@thestreet.com.
Gary Krakow is TheStreet's senior technology correspondent.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AAPL $121.30 0.00%
GOOG $625.61 0.00%
FB $94.01 0.00%
TSLA $266.15 0.00%
YHOO $36.67 0.00%

Markets

Chart of I:DJI
DOW 17,689.86 -56.12 -0.32%
S&P 500 2,103.84 -4.79 -0.23%
NASDAQ 5,128.2810 -0.5040 -0.01%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs