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According to a story in The Daily Mail, Apple is rumoured to be working on developing a smart watch, complete with a tiny touchscreen! The original report comes from Chinese site Tech. 163, which writes that the smart iWatch was originally developed by Intel, who is now working with Apple to bring it to the market. Apparently the watch has a 1.5-inch OLED display with indium tin oxide-(ITO)-coated glass, and is said to communicate with your iPhone via Bluetooth. The article goes on to say that it is thought that the iWatch will run iOS. The Daily Mail says that the iWatch could be Apples attempt to compete with Googles Google Glass headset, which is due to launch some time in 2013. It is not known how credible the source website in China for this story is thought to be, but its an interesting thought all the same, even if not true!
[FONT="]Source: [/FONT]iWatch: Apple rumoured to developing touchscreen wristphone | Mail Online