Apple Inc is preparing to sell its first wearable device this October, aiming to produce 3 million to 5 million smartwatches a month in its initial run, the Nikkei reported on Friday, citing an unidentified parts supplier and sources familiar with the matter.<\/p>\n
Specifications are still being finalized, but the devices are likely to sport curved OLED (organic light-emitting diode) displays and sensors that collect health data from blood glucose and calorie consumption to sleep activity, the Japanese news service cited industry sources as saying.<\/p>\n
The industry has long expected Apple to unveil some sort of smartwatch, following the release of Samsung Electronics’ Galaxy Gear watches.<\/p>\n
Wall Street is hoping to see a new Apple product this year to galvanize the former stock market darling’s share price and end a years-long drought of ground-breaking devices. CEO Tim Cook has promised “new product categories” in 2014.<\/p>\n
Apple declined to comment.<\/p>\n
Microsoft wants to tackle Apple in mobile devices<\/a><\/strong><\/p>\n Apple races to board the stream boat<\/a><\/strong><\/p>\n