Apple's iWatch not coming until late 2014, says analyst
Apple's (NASDAQ: AAPL) iWatch is not expected to be shipped until late 2014, according to KGI Securities analyst Ming-Chi Kuo.
The watch is expected to include a screen between 1.5 and 2 inches, and biometric technology, according to a research note by Kuo obtained by AppleInsider. The screen is likely to use GF2 touchscreen technology similar to the iPad Mini and iPod Nano, Kuo related.
Kuo, who has successfully predicted some previous Apple product rollouts, predicted that Apple will begin production of the iWatch in the second half of 2014, much later than previous estimates, AppleInsider noted. Kuo attributed the delay to the difficulty of adapting the iOS mobile platform and sourcing of components for the iWatch.
"Investors shouldn't be misled by the word 'Watch'. We think iWatch will not be positioned as a time-telling device, nor as a device that displays information from other Apple products. We are positive on the iWatch because its wearable design is helpful for offering more secure user identification and biometrics functionality," Kuo wrote in the research report.
Kuo said that the iWatch will have a secure user ID mechanism and biometrics to improve security of the the smartwatch. In addition, the biometrics could include health monitoring features, such as heart rate and blood pressure monitoring.
Commenting on the iWatch report, Yoni Heisler with Network World wrote: "Apple's work on the iWatch appears to be substantial. By all accounts, the iWatch is much more than a cool research and development project; it's a product Apple is devoting a lot of resources to in the expectation that it hits the market sooner rather than later."
Some pundits are suggesting that Apple gave a sneak peek of the iWatch in a recent iPhone 5 commercial. The commercial shows a kid drumming on a table while listening to music on his iPhone 5 and wearing a bulky wristwatch, according to a report by Adweek. Not surprisingly, Apple is not commenting on the reports.