moto-360-sportA few months ago we reported that major Android Wear OEMs would not be releasing smartwatches this year. So does that mean we can expect new watches next year? It is possible that we can expect some from LG, but unfortunately if you were hoping for a new Moto 360 smartwatch, you’d be out of luck.

According to a report from The Verge, it seems that Moto has decided that they will be taking a break from wearables. This has been confirmed by the company’s head of global product development, Shakil Barkat, who said that Moto doesn’t “see enough pull in the market to put [a new smartwatch] out at this time.”

He also adds, “Wearables do not have broad enough appeal for us to continue to build on it year after year.” OEMs have been on the roll in the recent years by releasing new device after another, when maybe the reality is that just like normal watches, users don’t really see the need to upgrade to a new model on an annual basis.

For those who loved the Moto 360, you can rest assured that Moto isn’t quitting the business entirely. According to Barkat, “We believe the wrist still has value and there will be a point where they provide value to consumers more than they do today.” However as to when Moto will be returning remains to be seen.

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