Ahead of the much-rumored iWatch and possible rival offerings from Google, Samsung, and Microsoft, Sony (SNE +1.9%) is launching the SmartWatch 2, a wristwatch with a 1.6," 220x176, touchscreen display, Android-like home, back, and menu buttons. Its main purpose (other than to tell the time) is to control, pull in data (maps, e-mail, etc.), and show off notifications from a paired Android phone. The original SmartWatch didn't receive great reviews. Sony is also unveiling the Xperia Z Ultra, a 6.4" "phone" with a 1080p display and Qualcomm's high-end Snapdragon 800 processor. Sony sold 8.1M units of the regular Xperia Z (5" display) in Q1.