Eric Schmidt, executive chairman of Google, makes a call on the still to be released Google produced Moto X phone during the Allen & Co. annual conference on July 11, 2013 in Sun Valley, Idaho. - 

Google-owned Motorola is about to unveil its latest candidate on August 1: the Moto X. Since the tech giant bought Motorola and its boatload of patents last year, there's been plenty of speculation the old cellphone company would build a new product. Can it compete?

CNET's Molly Wood joins Marketplace Tech host Ben Johnson to share her thoughts. Click on the audio player above to hear the extended interview.

Follow Molly Wood at @mollywood