iWatch (Concept)

iWatch (Concept)It looks like Samsung will beat Apple to market with a smartwatch by at least nine months or perhaps even longer. A new report from Digitimes cites an analyst at Kuala Lumpur-based CIMB Group in stating that Apple’s “iWatch” will likely launch in the second half of 2014. In the meantime, Samsung’s Galaxy Gear has been confirmed for a September 4th unveiling and it is expected to be released sometime in October. The report states that Taiwan-based ODM Inventec is expected to land at least 60% of Apple’s smartwatch orders, which could amount to 19% of the firm’s total profit in 2014. The iWatch will launch with a price tag starting between $149 and $229 according to the report, and the unnamed CIMB Group analyst expects 2014 shipments to reach a whopping 63.4 million units.

Read the full story at Boy Genius Report.

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