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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Bill from Wisconsin who wrote (173724)9/8/2014 9:25:25 AM
From: Ryan Bartholomew  Respond to of 213177
 
I'm not interested in a watch. I doubt many people are excited about USING their PHONE for payments. But a wearable (watch) that unlocks your doors, tunes your TV, pays for beer at the C-store, buys your drugs at CVS, starts your car.....all of a sudden the game changes. Maybe this guy is thinking bigger than AAPL, but if a "watch" can do all that, I'd buy it at $400 when I otherwise wouldn't buy it at any price if it were just an iPhone nano.
A watch and phone can do all the same things regarding payments and many other functions. The key differences are:

A) where you keep it (wrist vs pocket)
B) display size (small watch one makes things like documents and browsing impractical)
C) voice functionality (a watch is impractical for phone calls unless coupled with a headset)
D) battery life (a watch that has to be charged more than once a day is going to be seen as highly impractical)

I don't see any difference in security.. in either case, if you lose it, liability will be limited to the cost of the device and it would be difficult for someone to use without authenticating (especially as you could shut it down remotely as soon as you know it's gone).

It's hard to imagine people wanting to carry both devices at all times, especially if they're both pricey. I could see people owning both so they can switch off according to what they'll be doing and what their needs are (e.g., leaving the phone in the car or office while running an errand or working out), but the price needs to be reasonable to justify that for the mainstream user.