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Apple's iWatch and the smartwatch trend

Wednesday's CNET Update is watching the wrist:

The buzz is building over the rumored Apple iWatch. Today's tech news roundup looks at the latest report on the team working on Apple's smartwatch and the growth of this new category.

Along with the wrist, Under Armour wants to be the gadget for your chest. Armour 39 is the company's new fitness monitor set to take on the Nike FuelBand, and it is a sensor worn around the chest during a workout. If you want to live-track your progress, you'll need an iPhone app or the special $… Read more

Reading the Apple tea leaves: Cheaper MacBooks coming?

In the wake of Tuesday's Let's Rock Apple event, our own Tom Krazit posited a round of possible MacBook updates in October. More circumstantial evidence today, in the form of revised estimates by AmTech Research analyst Shaw Wu.

Silicon Alley Insider reports that Wu is cutting his Apple revenue estimates for the remainder of 2008 and for fiscal 2009, citing a belief that even affluent consumers are feeling the financial crunch, and that Apple may respond with lower prices.

"We continue to believe that MacBook Pro and MacBook are due for refreshes with more radical redesigns, likely … Read more