Filed under: Investing
Walk into a Starbucks and no one minds sporting the same smartphone. But that's not the case for every consumer market. Imagine this scenario: A week before your new car is delivered your neighbor buys the same vehicle with the same specs -- ouch. Even worse, imagine one-third of the people in Starbucks wearing the exact same wristwatch. This dilemma poses a question: What is Apple's solution for meeting the demands of fashion for its alleged iWatch?
Apple's product design engineers, led by the renowned Jony Ive, have undoubtedly considered the implications of this dilemma. But since the wearables market is still in such an early stage, it is worth wondering whether Apple will be able to fully and accurately encapsulate the effects of a long history of fashion and unique designs for the wrist on smartwatch purchasing choices.
An advantage for Android?
Google's open software development kit for its Android Wear platform, which allows other manufacturers to adapt the operating system for their design, is one way to address consumers' demand for unique fashion. Could the open approach be the superior method in a fashion-stricken market?
Google director of engineering for Android, David Singleton, acknowledged the company's effort to solve this problem in a video describing Android Wear:
To bring this vision to life, we're working with consumer electronics manufacturers, chipmakers, and fashion brands, who are committed to fostering an ecosystem of watches in a variety of styles, shapes, and sizes.
Historically, Apple has kept its product line small, with limited designs. If Apple continues down this road, will consumers change the way they think about distinctive fashion on their wrist? Or does Apple have a unique solution?
PCs, MP3 players, smartphones, or tablets were never known for personalized fashion before Apple entered the categories. Even today, consumers across the globe seem completely unmoved when strangers next to them are using the same gadget.
Could this be Apple's plan?
One designer has come up with an interesting concept that Apple could implement to address fashion while only manufacturing one form factor for the iWatch. Argentine design student Tomas Moyano imagines a round device with grooves that allow for unique bands or other accessories like clips or necklaces. Using induction charging technology and wireless syncing, Apple could use the grooves without blocking any ports.
There's nothing entirely innovative about the underlying approach behind Moyano's design. In fact, a device called the Shine from Misfit Wearables already boasts a similar approach to solving demands for unique style. Nevertheless, the tactic does effectively address styling issues beyond the circular iWatch display.
But will differing bands be enough for consumers? Given Jony Ive's track record, investors shouldn't fret over Apple's method to solve this dilemma. Chances are, the company has an eloquent and innovative solution. But even if Apple's answer proves to be a success, will Android's likely broader range of styling solutions make its devices more competitive with the Apple in wearables than it is in smartphones?
Could this be 2014's best investment?
There's a huge difference between a good stock and a stock that can make you rich. The Motley Fool's chief investment officer has selected his No. 1 stock for 2014, and it's one of those stocks that could make you rich. You can find out which stock it is in the special free report "The Motley Fool's Top Stock for 2014." Just click here to access the report and find out the name of this under-the-radar company.
The article Can Apple Inc. Effectively Personalize an iWatch? originally appeared on Fool.com.Daniel Sparks owns shares of Apple. The Motley Fool recommends Apple and Google. The Motley Fool owns shares of Apple and Google. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.