With the Samsung Galaxy Gear smartwatch expected to see the light of day on September 4th, alongside the Samsung Galaxy Note III (and the Sony Xperia Z1 AND the EspressOn interchangeable lens), Samsung has already beat out Apple in the so-called arms race; this puts both companies in unusual positions. For example, how would history have been different if Samsung had launched a touchscreen smartphone before the OG Apple iPhone...
Source: http://www.phonearena.com/news/Apple-to-launch-Apple-iWatch-in-the-second-half-of-2014-priced-between-149-and-229_id46828
Source: http://www.phonearena.com/news/Apple-to-launch-Apple-iWatch-in-the-second-half-of-2014-priced-between-149-and-229_id46828