According to Wang Wanli over at CIMB Securities Limited, Apple is going to release an iWatch next year. However, that’s speculation on his part, according to MacLife.
Wanli believes that Apple will ship about 63.4 million in the iWatch’s first year. that’s a lot. He believes that it will cost about $199, which will make it a nice price for consumers. That price will help it see huge sales, says the report.
As MacLife also points out, there are several other competing devices such as Samsung’s Galaxy Gear and watches like the Pebble. It Apple doesn’t act fairly fast, it can be a bad thing for the iWatch. We will see in due time.