Apple Smartwatch Set for Fall Launch: Report

Wearable device that monitor health stats to ship in October with OLED curved screen: Nikkei report

Biz Digital Apple Unveil

Apple is gearing up to enter the smartwatch market with a wearable device to monitor health data set to debut in October, Japanese newspaper Nikkei reported.

The tech giant plans to produce 3-5 million smartwatch device per month — more than the total 2013 sales worldwide of watch-like devices, according to the Nikkei report, citing anonymous sources.

Apple’s smartwatch, which could be called the “iWatch,” likely will feature a curved organic light-emitting diode (OLED) touchscreen, the paper reported. It will collect health stats such as calorie consumption, sleep activity, blood glucose and blood-oxygen levels, and let users access messages sent via smartphones.

The report comes as Apple wraps up its weeklong 2014 Worldwide Developers Conference, where it debuted the next generation of its mobile operating system, iOS 8, and the OS X Yosemite for PCs.

At WWDC, Apple said iOS 8 will include a set of programming interfaces, dubbed HealthKit, that will let health and fitness apps communicate with each other (if granted user permission). One example the company cited: A blood pressure app could share its data with a physician app, such as the one from the Mayo Clinic.

SEE ALSO: Apple Unveils Enhanced Versions of iOS, Mac OS X But No New Hardware Products

“We believe Apple’s HealthKit will revolutionize how the health industry interacts with people,” John Noseworthy, president and CEO of Mayo Clinic, said in a statement supplied by Apple. “We are proud to be at the forefront of this innovative technology with the Mayo Clinic app.”

Previously, Apple execs have said the company has several new product launches slated for the second half of the year. Eddie Cue, SVP of Internet software and services, last week boasted that Apple has “the best product pipeline” that he’s seen in 25 years.

Meanwhile, Nike currently sells the Fuel Band wearable device that works with Apple iPhone and iPod touch devices. According to the Nikkei report, Nike is expected to eventually pull out of the device business and integrate the functionality into Apple’s smartwatch.

Both Samsung Electronics and Sony have introduced smartwatches, and Google is reportedly working on its own device in the category. An estimated 5 million smartwatches were sold in 2013 with 15 million units projected to ship this year, according to research firm NextMarket Insights.