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Word on the street is that Redmond is releasing a smartwatch in the autumn



From Fudzilla:
The position of the screen is said to be on the inside of the wrist rather than the outside like a normal watch and more like a Nike Fuelband. What is more interesting is that the watch will have open APIs and cross platform capability, which will mean that it can talk to Android phones. This will make it a lot more flexible than Apple’s closed source model and will mean that Apple will depend on its marketing to make the watch popular. Not that it has done it any harm so far.
  Microsoft might beat Apple to a watch