Apple preparing iWatch for Q3 2014 release

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Apple has been hinting at something big this year and most eyes are on the iWatch, the company’s first wearable product. We have already seen trademark claims for the iWatch in several countries from Apple and supply chain rumors claiming Apple is having a hard time with yield rates.

According to a new report from Economic Daily in China, Apple is planning to launch the new iWatch in Q3 2014. The report from supply chain sources also claims Apple will ship up to 65 million iWatch units in the first year.

The second bit of the report is really big, considering most smartwatch makers have dabbled around a few hundred thousands units and only just selling out of stock, the most popular of the bunch being Pebble at the moment.

For Apple to manufacture 65 million units, it could mean a huge loss or a huge gain for Cupertino. At the moment, smartwatches are not the most sought after tech gadget, but when Apple and Android Wear arrive this might change.

We are not sure if Apple will look towards a watch-face or something similar to a fitness band with an LCD display on the front. The latter would be cheaper to manufacture and possibly more attractive to fitness fanatics.

The iWatch will reportedly be powered by Siri and most of the notifications and actions can be responded to with voice, instead of using the touch-screen. Android Wear will also work this was, offering Google Now cards and voice recognition, instead of a small touch-screen device.

Price point has still not been leaked and we still have nothing on the design of the device or the user interface, although reports have said they are looking to get iOS on the iWatch in some way.

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