Apple’s iWatch, which is expected to be disclosed on the September 9 event alongside iPhone 6, is said to be priced at around $400, according to Recode.
While it is widely rumoured that it will be announced at the event, it is not certain whether Apple will bring a working model of the wearable to the event. The watch itself is said to be available generally only by 2015 as production has not yet started, according to sources.
If rumours are to be believed, the primary price would be $400 and there seems to be variable models with lower price ranges too.
With Pebble available for $150 falling under the entry level model and Android based wearables in the midrange priced between $250 and $300, Apple’s iWatch will be a high end device if final pricing matches current speculations.
Timex’s Ironman One GPS+ watch functioning as a standalone device with its own 3G connectivity is said to bear the same price tag.
There are also possibilities that the iWatch might be priced higher than $400. Analyst Ming-Chi Kuo of KGI Securities said that the iWatch could be priced at ‘thousands of dollars’, falling under the luxury category.
As there had been no leaks suggesting the hardware or images of the device, not much can be deduced regarding the price.
iWatch is expected to pack an OLED screen and include functionalities similar to its rivals in the market, like notifications. The primary functionality expected from iWatch is the health information it provides working in coordination with the HealthKit that is part of iOS 8.
iOS 8 will also support HomeKit that will let users control the connected digital devices at their home like digital locks.