Technology Apple Is Preparing To Sell Wearable Devices In October: Report

Apple Is Preparing To Sell Wearable Devices In October: Report

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Apple Inc is preparing to sell its first wearable device this October, aiming to produce 3 million to 5 million smartwatches a month in its initial run, the Nikkei reported on Friday, citing an unidentified parts supplier and sources familiar with the matter.

Specifications are still being finalized, but the devices are likely to sport curved
OLED (organic light-emitting diode) displays and sensors that collect health
data from blood glucose and calorie consumption to sleep activity, the Japanese news service cited industry
sources as saying.

The industry has long expected Apple to
unveil some sort of smartwatch, following the release of Samsung Electronics’ Galaxy Gear watches. Wall Street is hoping to see a new Apple product this year to galvanize the former
stock market darling’s share price and end a years-long drought of ground-breaking devices. CEO Tim Cook has
promised “new product categories” in
2014.


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