KGI Securities analyst, Ming-Chi Kuo, has stated that Apple's high-rumored "iWatch" probably won't launch until late 2014.
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KGI and Kuo have been pretty successful at predicting Apple's product plans and Kuo says the watch is being delayed because of software and hardware issue Mac Rumors website says.
"Apple may not have adequate resources to develop an iWatch version of iOS because it may require big changes to iPhone and iPad iOS this year. In addition, wearable device components aren't mature. For these reasons, we think mass production of the iWatch is more likely to begin in 2H14, not 2H13 as the market speculates."
Kuo predicts that the "iWatch" will use a 1.3-2.0 inch display and that Apple will pull from the "iPod Nano" when it comes to the components. Particularly the main processor and touch screen technology.
"Currently, the iPod nano uses the same GF2 touch technology as used by the iPad mini. Since the size and computing ability requirements of the iWatch are similar to those of the iPod nano, we think iWatch will use iPod nano's GF2 touch technology and AP [application processor]."
Kuo also believes that biometrics will play a huge role in the new Apple "iWatch." Speculating that it will open the door to heal-related applications.
Rumors of the "iWatch" have slowed down quite a bit in the past few months and that's probably because Apple fans are more amped and anticipating the new iPhone and iPad launch for the fall.
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