The trend has some wondering if investors are consciously moving their money from one tech giant to the other.
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Coming less than a year after Google unveiled its Google Glass Web-connected eyeglasses, reports that an Apple "iWatch" is in the works emphatically confirm that the battle is now joined for dominance over the next wave of tech - wearable computing.
According to the reports, Apple Inc. (Nasdaq: AAPL) has 100 people working on an iWatch users would wear on their wrists, but that would have many of the same capabilities as an iPhone.
You don't have to find the "next big thing" to make big money. You can reap windfall profits by searching for the beaten-down tech stocks that institutional players are ignoring. Like this one.