Monday, May 27, 2013

Apple iWatch May Not Be Launched Until Next Year

iPod Nano with Watch Strap
iPod Nano with Watch Strap
(Image Credit:
The so-called iWatch may not be introduced by Apple earlier than the latter part of 2014.

Ming-Chi Kuo of KGI Securities made this revelation through a note to investors. He also pointed at the lack of resources required in the development of a variant of the iOS for the device as one of the issues facing the production of the device. The company is currently working on overhauling the software.

Kuo also indicated that additional research for the components of wearable devices is needed to make such devices feasible in the market. This will result to the delay in the production of the watch-like device of Apple.  The company may also use a screen display size of around two inches. It will also feature biometric security, which is made possible after the company acquired AuthenTec for $356 million.

Reports of the supposed iWatch initially emerged in February, which indicated that the tech giant was taking the production of wristwatch-like products into consideration. Another report also indicated that around 100 people were reportedly assigned by Apple to work on the device. New patents filed by Apple also hinted at the possibility that Apple will work on such a device.

Kuo has been accurate in a number of previous reports on Apple products including the plans of the company for a Retina MacBook Pro and the white iPhone 4. He was also accurate with his statement on the details of the iPad and the iPod.

Statements from Apple CEO Tim Cook last month also supported the statement of Kuo that the reported iWatch may not see the light of day until next year.

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