Among the rumors we keep hearing everyday, a rumor that says Apple is working on a smart watch called “iWatch”… We’ve seen a lot of concepts for the iWatch and to be honest with you, 99% of them were so ugly..Today a new report by the Taiwanese trade publication DigiTimes (I know, don’t start) asserted that the iWatch is at least a year away. Specifically, the publication claims that the iWatch is expected to release in the second half of 2014.

According to the report, iWatch will cost between $149 to $229.

According to DigiTimes, Taiwan-based contract manufacturer ODM Inventec is expected to land as much as an CIMB Group-estimated sixty percent of iWatch orders and contribute to about nineteen percent of Inventec’s profits in 2014.

The analyst expects Apple’s iWatch to be priced between US$149-229 and consumers will purchase the device mainly to replace their iPods.

For what it’s worth, an analyst with CIMB Group said iWatch shipments will hit an estimated 63.4 million units in 2014. Analyst Katy Huberty wrote back in February that the iWatch would present Apple with an $80 billion opportunity , assuming it sells at least 50 million units at an average selling price between $200 and $300.

So what do you think guys ?

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