The Latest Rumours Suggest That Apple's Smart Watch May Not Launch Until Late 2014

The KGI Securities analyst Ming-Chi Kuo, who on numerous occasions offered accurate details regarding Apple's product plans, issued a fresh research report earlier in the week laying out his forecast for Apple's rumored iwatch device, the smart watch everyone is talking about. In light of recent expectations that the unit would launch in the later part of 2013, Kuo suggests that the software and hardware issues can lead to the device making its introduction in the later part of next year instead.

"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."

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