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.
But the category seems to have lost some of its luster in recent months following the speculation over Apple's (AAPL) 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.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.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV