what is the use of computed in vuejs code example

Example 1: vue computed

var vm = new Vue({
  el: '#example',
  data: {
    message: 'Hello'
  },
  computed: {
    // a computed getter
    reversedMessage: function () {
      // `this` points to the vm instance
      return this.message.split('').reverse().join('')
    }
  }
})

Example 2: computed vue js

var vm = new Vue({
  el: '#demo',
  data: {
    firstName: 'Foo',
    lastName: 'Bar',
    fullName: 'Foo Bar'
  },
  watch: {
    firstName: function (val) {
      this.fullName = val + ' ' + this.lastName
    },
    lastName: function (val) {
      this.fullName = this.firstName + ' ' + val
    }
  }
})