This Day On The Street
Continue to site
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

Smartwatches Underwhelm as Wearable Computers

NEW YORK (TheStreet) -- Maybe it's just me. Maybe I'm the sort of late-adopting loser who can't appreciate one ounce of innovation, even if it stares me in the face. Or is strapped to my wrist.

I'm referring to the smartwatch. There's plenty of hype about the Kickstarter-funded Pebble smartwatch, as well as the offerings from behemoth Sony (SNE).

But the category seems to have lost some of its luster in recent months following the speculation over Apple's (AAPL - Get Report) potential iWatch and Samsung's reveal of the Galaxy Gear.

I've checked out the Galaxy Gear.  Honest to goodness, you could not pay me to wear one of those bulky, ugly things, let alone pay $300 for one. If you have similar feelings, fear not -- you are not alone.

Must Read: It's More Than Music for Jay Z and Cobain

I can't wrap my mind around why anyone would want one. From what I've seen, the Galaxy Gear can answer phone calls, check messages and respond to texts. I guess that's pretty cool, but when did the two seconds it takes to check our smartphone become so important that we need a smartwatch? 

Reports claim that Samsung has shipped, but not necessarily sold, 800,000 units since the Gear was released in September. While that's not exactly knocking anyone's socks off, it's more than I thought would have sold.

But wait. many of these devices were bundled with Samsung smartphones like the Galaxy S3. The number of bundled smartwatches was left vague.  In other words, the Gear seems like it could be used more to promote sales of other devices, rather than to survive on its own merits.

1 of 2

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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.66 -0.09%
GOOG $698.30 0.76%
FB $118.58 0.85%
TSLA $241.82 0.44%
YHOO $36.53 -0.19%


Chart of I:DJI
DOW 17,891.16 +117.52 0.66%
S&P 500 2,081.43 +16.13 0.78%
NASDAQ 4,817.5940 +42.2360 0.88%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs