Over the past week, there has been some evidence that Google (GOOG) may be planning to release a smartwatch of its own design by the end of October. The question investors are asking is whether such a product will be meaningful for the stock. If we use the recent release of Samsung's (OTC:SSNLF) Galaxy Gear as a benchmark, the answer would appear to be no. Recent reviews of Galaxy Gear, including one from the New York Times' David Pogue have been decidedly negative.
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In the video below, I discuss Pogue's review of Galaxy Gear, rumors on Apple's (AAPL) apparent plans to introduce an iWatch, and what it all means for Google stock. Ultimately, whether the Search King ever goes to market with the product - and I see it as a potentially positive catalyst for Google if it does - Google looks attractive after its recent selloff and is worth a careful look by investors.