Everyone wants what Dick Tracy had -- a smart watch that’s way ahead of its time.

From Fiction to Reality

Back in 1946 when the fictional, plain clothes comic book detective wore one, it was a two way radio used to communicate with police headquarters. It gave Dick an automatic edge over the bad guys and made him the cool hero every geeky, and not so geeky, kid wanted to be.

Fast forward a quarter century and sexy sleuth James Bond wore computer-like watches that contained satellite links on his wrist. Depending on the movie, they also functioned as cameras, smartphones, bomb detonators, printers of fortune cookie-like paper strips and more.

And later this year, or at least by 2014, iGadget enthusiasts are expected to be wearing computer-like devices on their wrists that do more than the creators of Dick Tracy and James Bond might have imagined. Respectable sources like the New York Times, the Wall Street Journal and Bloomberg News are calling the anticipated forthcoming device the iWatch. Whether it will be an accessory or a computer is anybody’s guess.

Rumor Roundup: Word on the Street

Though Apple has neither confirmed nor denied the rumors, some industry watchers believe that Cupertino execs are slowly, and intentionally, leaking information. Maybe it’s to reignite enthusiasm among iFans or to reassure the company’s uncertain shareholders that innovation is alive and well at the post-Jobs Apple. 

Either way, here’s what some pundits are saying about the believed to be forthcoming “iWatch.” Whether it will be a computer, a wearable app-enabling mobile device that happens to tell time (like the incredibly well-received, Kickstarter funded Pebble Watch), or spur the development of a new platform is anybody’s guess. We’d love to hear your thoughts in the comments section.

From Bloomberg News:

Apple Inc. has a team of about 100 product designers working on a wristwatch-like device that may perform some of the computing tasks now handled by the iPhone and iPad, two people familiar with the company’s plans said.

The team, which has grown in the past year, includes managers, members of the marketing group and software and hardware engineers who previously worked on the iPhone and iPad, said the people, who asked not to be named because the plans are private. The team’s size suggests Apple is beyond the experimentation phase in its development, said the people.

From The New York Times: