Apple's iWatch and the smartwatch trend

The iWatch reports ramp up, Under Armour unveils a fitness tracker, and Beats is working on its own music service.

Wednesday's CNET Update is watching the wrist:

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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 $200 Armour watch accessory.

Also mentioned in this Update episode:

- Apple cuts Macbook Pro Retina prices and bumps up the specs.

- Amazon Cloud Player is now available in cars with Ford Sync App-Link.

- Beats music service is planning to launch this summer.

- The Slacker music service has rebranded itself with a new logo, apps and site design. (And you can try premium features for free on Feb. 14 and 15.)

Watch CNET Update in the video above, and subscribe to the podcast via the links below.

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