Looks like the rumored Apple’s iWatch may see the light of the day soon. Ever since the Pebble project was announced in KickStarter, there has been rampant speculations about Apple developing its own watch. But Apple never seem to be interested much in building a watch until now. With the recent slump in Apple’s share value and the increasing competition from Android powered handsets from Samsung and other Chinese manufacturers like Huawei, ZTE, etc., Apple needs something revolutionary like the original iPod, iPhone or iPad to set the cash registers ringing again.A latest report form Bloomberg says that Apple has a team over 100 people working on a watch-like device.
“The team’s size—which has grown in the past year and includes “managers, members of the marketing group and software and hardware engineers who previously worked on the iPhone and iPad”—might mean that Apple is no longer just experimenting with the watch. That it could be something more than that.”
Designing a watch is a completely different ball game as compared to designing a phone or a tablet,even for Apple.
Apple stocks have plummeted down more than 30 percent since the high of September 2012 and investors are worried if Apple has lost the golden touch after Jobs’ passing away. Apple CEO Tim Cook is under a lot of pressure to assure investors and Apple fans that the company can once again create a billion dollar market like it did with the iPhone and iPad.
Like all rumors, this report needs to be taken with a pinch of salt. As of now, there is no detail about the timeline for the Apple Watch project. So don’t hold your breath, for it might forever like the mythical Apple TV.
This article has been reproduced from Sridhar’s blog.
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