New projections from an analyst suggest that the iWatch could hit stores in the second half of 2014 for between $149 and $229. This would mean that the iWatch may be released an entire year after Samsung’s Galaxy Gear watch.
The analyst with CIMB Group says that consumers will purchase the iWatch largely to replace their iPods, at least according to Digitimes. The Taiwanese website has a mixed track record when it comes to predicting product launches, was been correct when reporting that the iPhone 5 would begin shipping in September 2012.
The alleged price points for Apple’s iWatch do align with the analyst’s predictions that the smartwatch could serve as an iPod replacement. Apple’s current generation iPod Nano costs $149, while the fifth-generation iPod Touch costs $229.
If Digitmes’ source is accurate, we wouldn’t be surprised to see something along the lines of a wearable iPod Nano, although Apple’s wearable tech patent details a device that sounds different. In the company’s patent for a “bi-stable spring with flexible display,” the document’s language describes a snap-bracelet gadget with a flexible display that would make it seem like the display runs seamlessly around one’s wrist.
Apple has yet to confirm or deny that it has a smartwatch in its pipeline, but CEO Tim Cook did say that wearable tech is “ripe for exploration” at this year’s D11 conference in May. The Cupertino, Calif.-based company also recently filed a patent for the term “iWatch” in multiple countries, although we’ll have to wait for an official announcement to find out more.