The web is abuzz with chatter surrounding Apple’s (AAPL) rumored “iWatch,” which both The New York Times and The Wall Street Journal detailed in recent reports. Little is actually known about the device and the only info we really have at this point is that it is in development, it runs iOS and it may feature a curved glass face, which obviously isn’t very uncommon for a wristwatch. Bloomberg added some fuel to the fire on Tuesday evening when it reported that Apple’s iWatch is real and it is likely “beyond the experimentation phase;” its sources suggest that a team of more than 100 Apple employees including senior director of engineering James Foster is currently working on the device. The site offered no guess as to when the iWatch might launch.