This Day On The Street
Continue to site right-arrow
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
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Microsoft Working On iOS, Android-Compatible Smartwatch: Report

NEW YORK (TheStreet) -- Microsoft (MSFT - Get Report) is reportedly one of the many companies working on bringing mobile technologies to the next hot platform - smartwatches.

According to a report from Forbes, the company is said to be readying a new wrist computer which will be able to communicate with Microsoft Windows Phones as well as other devices, which run on Apple's (APPL) iOS and Google's (GOOG) Android operating systems.

Microsoft could not be immediately reached for comment.

Shares of Microsoft were up 0.19% to $40.42 in early New York trading.

This would not be Microsoft's first attempt at smartwatches. A decade ago, Microsoft teamed with manufacturers such as Fossil (FOSL), Suunto, Tissot and Swatch to create "SPOT," or Smart Personal Object Technology. Those devices utilized the MSN Direct wireless service (and unused portions of local FM radio station broadcast frequencies) to deliver the time, weather, sports scores and simple messages. The $59/year service lasted four years. There were also other devices in the SPOT program, including a coffee maker made by Melitta.

In March 2012, Microsoft was believed to have spent $150 million to purchase patents from San Francisco's Osterhaut Design Group for a wrist device as well as for headsets.

According to the report, one of the main functions of the new smartwatch will be to act as a heart rate monitor like the latest series of wrist devices released by Samsung. The Microsoft model is said to draw heavily upon research already incorporated into the company's Xbox Kinect devices.

A heart rate monitoring wrist device is also not a new idea for Microsoft. Two years ago, the company was granted a patent for what was termed a wearable EKG machine along with a wrist band capable of measuring muscle movements which could control other mobile devices. At the time, there were rumors Microsoft was developing a wearable fitness device for use with its Kinect Play Fit service, but so far, nothing has come of those rumors. Any new Microsoft smartwatch device will have to compete with current Samsung models as well as devices (real and rumored) from Apple, Google, Sony (SNE), Pebble, LG, Motorola and others in what is rapidly becoming a very crowded field.

Microsoft could introduce the new smartwatch as early as this summer.

-- Written by Gary Krakow in New York.

To submit a news tip, send an email to

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
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

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
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
AAPL $128.10 -0.97%
GOOG $574.94 0.23%
MSFT $42.88 -0.92%
FB $81.47 2.30%
TSLA $203.18 1.80%


DOW 18,118.12 +21.22 0.12%
S&P 500 2,098.53 -9.25 -0.44%
NASDAQ 4,967.1410 -12.76 -0.26%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs