Apple Smartwatch Coming in Fourth Quarter, Reports Say

A pair of reports—one in The New York Times, the other in a Japanese newspaper—have lent new credence to talk that Apple will introduce an iWatch later this year. 

In a June 15 profile of Apple CEO Tim Cook, the Times quoted sources saying Apple’s first smartwatch—which it says might be the company’s next “world-beating gadget”—will be released in the fourth quarter.

“Mr. Cook appears to be interested in the smartwatch’s broader implications—for instance, that a watch might monitor heart rate and other vital measures, thus improving health and limiting doctor visits,” the report added. 

Japanese newspaper Nikkei Asian Review similarly reported last week that the iWatch will be released in October and will feature a curved touch screen and health-related apps to measure a user’s calorie consumption, blood oxygen levels, and sleep activity. Apple is so confident about the product it plans to manufacture 3 to 5 million watches a month, it added.

Analyst Keith Bachman of BMO Capital Markets has predicted an iWatch could sell 33.5 million units in 2015—which represents 10 percent of iPhone users.

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JCK News Director