Fort Lauderdale Luxury Hotels | "Apple is looking to introduce iWatch this year"

Source      : http://www.latimes.com
Category    : Fort Lauderdale Luxury Hotels
By             : Ft. Lauderdale Airport Hotels
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Apple wants to release an iPhone-like wristwatch in 2013, according to a news report.

The Cupertino tech company has dedicated about 100 product designers to the project, according to Bloomberg News, which cited unnamed sources.

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The iWatch, which has been rumored for the last few months, would be able to make calls, show caller ID, check map coordinates, count steps using a pedometer and monitor health-related data using sensors. The device may also run on iOS, Apple's mobile operating system, according to the report.

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Apple has filed for 79 patents that include the word "wrist" in them, the report says. One of those patents says the device may also have a flexible screen and be powered using kinetic energy.

The report also says Apple might be going into the wristwatch market because gross margins on watches are about 60%. That's four times the gross margin for TVs, which is another market Apple has been rumored to have an interest in.