This rumor comes from the Taiwanese site Economic Daily News, which said Apple will launch the iWatch in the third quarter of 2014. Going by the calendar, the iWatch release date could fall in July (following WWDC?), August or September.
The site spoke with sources in the supply chain who estimated, based on a bill of materials, that Apple wants to ship 65 million of its smartwatches this year.
Sources said the iWatch will be manufactured by Quanta Computer, with Richtek Technology chips, TPK sapphire displays, and Apple processors produced by Samsung.
iWatch you to want me
Apple's iWatch will reportedly sync with users' iPhones and, like other already released smartwatches, focus on health and fitness applications.
The other recent rumor churning around in the smartwatch mill is that Samsung is prepping a standalone smartwatch called the Gear Solo that could potentially make calls without needing to sync with a phone.
And in the same report where it outed the Gear Solo, Apple blog Patently Apple also claimed the iWatch is still in the works.
Apparently the president of the watches and jewelry division of the luxury brand LVMH (Moët Hennessy - Louis Vuitton) caught Apple trying to poach employees from him recently.
Now why would Apple need luxury watch and jewelry specialists? It may be months yet before we see the iWatch on stage wrapped around Tim Cook's wrist, but all these rumors have to be pointing to something.
Get daily insight, inspiration and deals in your inbox
Get the hottest deals available in your inbox plus news, reviews, opinion, analysis and more from the TechRadar team.
Michael Rougeau is a former freelance news writer for TechRadar. Studying at Goldsmiths, University of London, and Northeastern University, Michael has bylines at Kotaku, 1UP, G4, Complex Magazine, Digital Trends, GamesRadar, GameSpot, IFC, Animal New York, @Gamer, Inside the Magic, Comic Book Resources, Zap2It, TabTimes, GameZone, Cheat Code Central, Gameshark, Gameranx, The Industry, Debonair Mag, Kombo, and others.
Micheal also spent time as the Games Editor for Playboy.com, and was the managing editor at GameSpot before becoming an Animal Care Manager for Wags and Walks.