Apple is widely rumored to release a smartwatch, dubbed the iWatch, later this year with a focus on health and fitness. This has been a topic of intense speculation since a number of months, and designers have come up with a number of concepts imagining how the iWatch might look like.
While it is widely believed that Apple is going to release the so-called “iWatch” in multiple sizes, there have been conflicting reports aboutÂ exactly how large the smart watch will be. The general consensus is that the wearable device will have a flexible AMOLED display in the range of 1.3-inches to 2.5-inches.Â
Morgan Stanley has released its first iWatch sales estimates, predicting that Apple could sell between 30 to 60 million units of the smart watch in the first year. The research firm also raised its Apple price target on Monday, from $99 to $110 per share.Â
Apple is expected to unveil its first wearable device in October, which is likely to be the oft-rumored “iWatch,” but a new report claims that production of the smart watch will not ramp up until a few months later. According to well-sourced KGI Securities analyst Ming-Chi Kuo, who has a fairly accurate track record at reporting on Apple product plans, the iWatch will not enter mass production until November.Â
Apple has reportedly poached the sales director from Swiss luxury watch maker TAG Heuer to help launch the oft-rumored “iWatch,” which is expected to be unveiled later this year. The hiring was confirmed by Jean-Claude Biver, the head of the luxury goods conglomerate LVMH, during a recent video interview he conducted with the American television channel CNBC.Â
Despite the fact that the iWatch is rumored to go into production as early as July, and see a public release in October, work on the wearable seems to be ongoing. Another new hire points to precise features that could make their debut in Apple’s iWatch.
At Google’s annual Google I/O developer conference earlier today, the company launched the first set of Android Wear powered watches. Android Wear isÂ a version of the Android operating system meant for wearable devices that was announced in March this year.