A patent application by Apple Inc was published by the United States Patent and Trademark Office showed how the company's future smartwatch would work in terms of data gathering from the Web. Apple intended to utilize a low energy specification used to pair devices called Bluetooth 4.0 to accomplish such task.
Apple's idea, said tech website TechCrunch, would enable its iWatch to create a hotspot continuously, seek iCloud updates, obtain push notifications, messages, weather, news and other kinds of data. However, TechCrunch differentiated Apple's technology among the others including the one on Samsung's Galaxy Gear because the technology would reportedly introduce more power savings automatically. The tech news site also noted Apple's strategic acquisition of low-energy chipmaker Passif in August, of which the latter could provide more expertise regarding the future iWatch.
According to RBC capital markets analyst Amit Daryanani, Apple's plans for a smartwatch would help the company boost its profits with as much as USD9 billion in the first 12 months. Daryanani also claimed that Apple could also increase its earnings per share at an additional USD2 per share maximum. Estimates were reportedly based on a minimum of 40 million smartwatches sold at a retail price between USD175 to USD200.
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