This may very well be the device of 2014(battling with the GS5, and iPhone 6 of course), but we won’t know until it hits some real daylight, not just shadowy talk!
A ‘rumor’ or report from a chinese website is saying the iWatch is in limited production, and will go into major production later this year. The iWatch is predominately about health(With ‘Healthbook’ on the way in iOS8) right now as that’s all the rage, but with it’s ‘SiP'(system-in-package), it will be able to do much more when needed!
*See Concepts In The Gallery Above*