Apple (AAPL)’s “iWatch” Set for October Launch: Report

Apple Store Sydney

A new report by Japanese newspaper Nikkei suggests that Apple (AAPL)’s highly rumored iOS8-operated smartwatch will be released this October.

Sources tell the paper the iWatch, which may come in two separate screen sizes, 1.3-inches and 1.5-1.7 inches, will likely sport a curved organic light-emitting diode touchscreen, instead of the boxy designs seen on Samsung and LG’s wearable devices, and feature biometric sensors that collect health-related data ranging from sleep activity all the way to blood oxygen levels.

The report further adds that Cupertino is quite confident that the device will be a success and has planned a monthly commercial output of about 3 million to 5 million units in its initial run.

The industry has been anticipating for quite some time Apple to unveil some sort of smartwatch, following the release of Samsung’s Galaxy Gear watches.

Apple SVP Eddy Cue recently hinted at the launch during an interview at the 2014 Code Conference, saying: “Later this year, we’ve got the best product pipeline that I’ve seen in my 25 years at Apple.”

Pricing of the wearable tracking device still remains unknown.

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