Apple seeks to introduce the device as soon as this year, this person said. Apple has filed at least 79 patent applications that include the word “wrist,” including one for a device with a flexible screen, powered by kinetic energy.
The site who previously said Apple has 100 product designers working on the watch also detailed some of the expected features.
Features under consideration include letting users make calls, see the identity of incoming callers and check map coordinates, said one of the people, who asked not to be identified because the plans aren’t public. It would also house a pedometer for counting steps and sensors for monitoring health-related data, such as heart rates, this person said.
Notably, the profit potential for an iWatch may be greater than that of the rumored iTV. A 10% share of the watch market is said to result in a gross yearly profit for Apple of $3.6 billion compared to $1.79 billion for the TV market.