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Apple iWatch rumored for 2H 2014 launch, priced between $149-$229

Updated Oct 30th, 2013 2:56PM EDT

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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.

Zach Epstein Executive Editor

Zach Epstein has been the Executive Editor at BGR for more than 15 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.

His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.