The much-awaited smartwatch, along with two bigger versions of the iPhone, is expected to be unveiled on Tuesday September 9, according to the reports.
This launch will be a judgment time for the Apple Chief Executive Tim Cook, who took over as CEO from Steve Jobs three years ago and hasn’t yet taken any major steps to put the company into new markets beyond those established by his former lead by the launch of “magical” iPad tablet in 2010.
Apple as always has managed to receive great speculations and has always been witnessed developing with its design and functionality always upgrading. But for past few years the products has been deemed “evolutionary” rather than “revolutionary” by reviewers and customers.
“It’s on Apple’s shoulders to prove that the wearable they’re bringing out is more of a necessity than a luxury,” said Tony Ursillo, a technology equity analyst and portfolio manager at Loomis, Sayles & Co, a Boston-based firm that invests in Apple.
We could expect the release of the wearable in 2015.
Although Apple hasn’t disclosed any concrete data on the existence of iWatch, there have been official patents for wearable technology and teasers from the CEO himself, Tim Cook.
Multiple details have been leaked about the new iPhones – including that they will have larger, sapphire-treated screens and more rounded edges than current models.
Initially, the release date for the wrist-worn gadget was for October 2014, which would put the gadget in line for a September unveiling alongside the 2014 flagship iPhone 6. The iWatch is also assumed to include health-centric features that will be supported by the HealthKit software that Apple introduced at its developers’ conference in June.
Brian White, an analyst at Cantor Fitzgerald, called it “the most widely anticipated new product unveiling in the tech world this year.” And even that may be an understatement.
We can expect two versions of the iPhone 6 — with displays measuring 4.7 inches and 5.5 inches — that take the design beyond the current 4-inch display in last year’s iPhone 5S.s Samsung, LG, and Motorola have already rolled out smartwatches and fitness bands.
The iWatch as expected to come in two different sizes would make the device more attractive for women and others with smaller wrists.
Mobile device makers Samsung, LG, and Motorola have already rolled out smartwatches and fitness bands.
“A lot of other companies don’t need to be as bold on a frequent basis as Apple,” said Soumen Ganguly, a director at consulting firm Altman Vilandrie & Co. But people have come to expect it from Apple, he added. “They’re only as good as their last great product, and we’re four years away from that.”
The watch might not be the huge shipment product but will definitely lead the company to increase the spectra of its iOS software. The device is also capable of integration with the smart home through Apple’s HomeKit software, also announced in June as part of the new iOS 8 software due shortly.
In a note to clients, Morgan Stanley analysts taking a conservative view of the iWatch’s impact on Apple’s bottom line said: “In our base case, we assume iWatch’s penetration of Apple’s user base follows iPhone’s initial penetration, which equates to $9B of iWatch revenue and $0.49 of EPS in the first 12 months. In our bull case, those numbers double as we assume iWatch’s penetration is similar to iPad’s initial rate.”
Apple is also expected to introduce near-field communication, or NFC, which allows devices to exchange information wirelessly over very short distances. The company has reportedly signed deals with Visa, Mastercard and American Express based on the fingerprint authentication system found on its current 5S iPhone to introduce a mobile payment function.
The ballyhoo event is to be held Tuesday at the Flint Center for the Performing Arts near its corporate headquarters in Cupertino, Calif at 10 a.m. PT, the same venue where Steve Jobs introduced the original Macintosh.