The iWatch

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There have been many rumors speculating on Apple building a smart watch. After the recent success of the Pebble Smart Watch and the huge influx of smart watches at CES, do you guys think this is a viable product for Apple? Apple has always been one to focus on a few products and this would be an interesting new direction for them. If they did release one what would you like to see out of it?

Would love to have a nice discussion on this.