Tuesday Apple Rumors: Apple to Launch iWatch in Q3 2014

daily apple rumors AAPLHere are your Apple rumors and AAPL news items for today:

Timing: According to a report from a Chinese news source, Apple (AAPL) is planning to debut its long-rumored, much-anticipated smartwatch later this year, DigiTimes notes. The Economic Daily News claims that Quanta Computer is producing the iWatch for Apple, which will launch the device during the third calendar quarter of this year. The report indicated that the iWatch’s touchscreen would be produced by TPK, while Taiwan’s Richtek would also provide components for the smartwatch. Suppliers are to begin delivering products to Apple in August. Quanta will reportedly manufacture 65 million iWatch units for shipment in 2014. The report also notes that Samsung will produce the Apple-designed chip that powers the iWatch. In recent months, Apple has hired a number of executives with experience in apparel and consumer products, implying that it plans to move strongly into the wearable computer category. A number of analysts have predicted that Apple would launch its entry into the smartwatch market before the end of this year. Recent reports suggest that the iWatch will incorporate various sensors to monitor a users’ health. DigiTimes has a mixed record when it comes to reports of upcoming Apple products.

Chosen: Developers lucky enough to win the chance to buy tickets to Apple’s Worldwide Developers Conference (WWDC) were notified by email on Monday, AppleInsider notes. Apple will hold this year’s WWDC between June 2 and June 6 at San Francisco’s Moscone West Center. Last year, tickets to the event sold out in less than an hour, prompting the imposition of a lottery system this year. Developers who won the chance to buy tickets to the WWDC — at $1,599 per ticket — have a one week deadline to actually buy their tickets. Winners were chosen by random selection. Apple will also provide scholarships to allow 200 students to attend the 2014 WWDC. Apple typically debuts new products and gives previews of coming technology at the WWDC.

Switch: Apple has poached a top Amazon (AMZN) executive, 9to5Mac notes. Benoit Dupin has departed Amazon A9 Search Technology, where he had served as vice president, to join Apple. Dupin will become a Director at Apple in April. At Amazon A9, Dupin helped developed the e-commerce giant’s online search functions. He had worked at Amazon A9 since 2007. His prior experience includes roles Hewlett-Packard (HPQ), Canon (CAJ) and Easyplanet. In 2012, Apple recruited Amazon A9’s then-CEO Bill Stasior, who left A9 to lead work on Apple’s voice assistant, Siri.

For more about the company, check out our previous Apple Rumors stories.

Article printed from InvestorPlace Media, https://investorplace.com/2014/04/tuesday-apple-rumors-apple-launch-iwatch-q3-2014/.

©2021 InvestorPlace Media, LLC