The latest speculation surrounding the so-called “iWatch” comes from Bloomberg, which claims that the wearable iPod-like device will run the full iOS operating system that we have come to know on iPhone, iPad and iPod touch. The report also states that the new portable device will launch in the next nine months, positioning it for a release before the end of this year and, perhaps, in time for the holiday shopping season.
“This can be a $6 billion opportunity for Apple, with plenty of opportunity for upside if they create something totally new like they did with the iPod — something consumers didn’t even know they needed,” said Chen, who covers luxury- goods retailers.
Apple industrial designer Jonathan Ive, with a team of 100 engineers, is said to have been working on this wearable product for at least a few years. One of the current hurdles that Apple must overcome is said to be battery life, as the Cupertino-based corporation strives for 3 – 5 days of usage per charge. Right now, the battery is reportedly only lasting a few days tops.
With the high-tech Google Glass device set to launch this year, along with wearable indie projects in Pebble and MetaWatch, there is a new market segment emerging for Apple to tap with its iWatch. Especially now that “iTV” rumors have been increasingly sidelined. Additional sources have also corroborated on this report, meaning that these details are most likely accurate.