Web sensation Pebble watch nearing end of sales
TORONTO - The Canadian developer behind the Pebble e-paper watch has decided it's almost time to stop taking orders.
The Pebble, which was launched on the crowdfunding website Kickstarter, is a digital wristwatch that wirelessly connects to the smartphone in your pocket — either an iPhone or Android device — and displays Caller ID information for incoming calls, emails, Facebook and Twitter messages, or calendar and weather alerts.
It can also run other apps, like RunKeeper for tracking workouts.
Vancouver-born Eric Migicovsky originally sought $100,000 in pledges to help get the watch into production. It took just 28 hours to hit $1 million and the money never stopped pouring in.
As of Tuesday afternoon, orders for about 75,000 watches had been placed, for a total of more than $9.25 million raised.
Migicovsky says he'll take orders for another 10,000 units before closing down sales and focusing solely on production.
The Pebble campaign is far and away the most successful of the more than 50,000 campaigns posted to Kickstarter.
Migicovsky had previously hinted that a new feature would be announced if sales hit a secret milestone and on Tuesday he revealed the surprise.
The Pebble watch will now ship with hardware supporting the newer Bluetooth 4.0 wireless standard, which Migicovsky says makes the devices better future-proofed.
MSN.ca Money's editorial goal is to provide a forum for personal finance and investment ideas. Our articles, columns, message board posts and other features should not be construed as investment advice, nor does their appearance imply an endorsement by Microsoft of any specific security or trading strategy. An investor's best course of action must be based on individual circumstances.
Is now a good time to buy a house?
Thanks for being one of the first people to vote. Results will be available soon. Check for results
- Yes, prices will continue to rise.
- No, Canada is facing a housing bubble and prices will eventually fall.
- I don't know.