After reading all of the comments in this thread, one thing seems painfully obvious: apparently, NONE of you read the actual article. You read the Cliff's Notes version (which itself was a poor synopsis and may have mislead some of you). Regarding the idea of the watch not needing to be charged, the article states:
"The device will communicate via a form of technology known as NFC and wont have to be charged, Chief Executive Officer Nick Hayek said in an interview."
If I read this correctly, using NFC will be a low power form of communication between the watch and whichever phone it's paired to.
One thing I'm not clear on is whether the watch will be compatible with iPhones as well as Windows and Android as the remainder of the same paragraph states:
"The Swatch smartwatch will also let consumers make mobile payments and work with Windows and Android software, he said."
However, my guess is that it will be cross-platform as long as the phone is equipped with NFC.
Also, for those of you pontificating about Swatch's lack of technological and software expertise, again, it is amazing how much more enlightened one can be if they read a bit further:
"Swatch has decades of experience developing technology that might go into a smartwatch, such as long-lasting batteries so thin theyre bendable. The companys Tissot brand has made watches with touch-screens since 1999 that now offer an altimeter, a compass, and sensors to record a divers descent."
So, to say Swatch has no idea what they are doing or no chance to compete is a statement made out of pure ignorance. I'm looking forward to wearing my Apple Watch this spring, but when I see such uninformed commentary, I felt it was only fair to at least clear up some obvious misinformation.
Again, shame on you if you did not read the article. And I am extremely disappointed in Mitchel Broussard for such a poor summary. Many facts were left out.