iWatch Release Date, Details, Rumors: Wearable Device to Launch in October, Could Run iOS 8

Apple’s could enter the wearable devices market in October.

According to Re/code, Apple will hold a special launch event for the iWatch in October.

The iWatch will reportedly run iOS 8, and is designed to fully utilize Apple’s new HealthKit health and fitness information-gathering app, which was unveiled at the 2014 WWDC in San Francisco.

Japanese business newspaper Nikkei also reports that the device will feature a curved organic light-emitting diode (OLED) touchscreen, and that Apple are apparently so confident in the device’s success that the company is planning a monthly commercial output of about 3 to 5 million units. This estimated figure is in excess of the total global sales of wearable devices in 2013.

So far, the iWatch has been rumored to be available in two sizes, 1.3 inches and 1.5-1.7 inches. The smart watch could also feature a round face.

It remains to be seen if the iWatch can help Apple break into the wearable market, and forge ahead of close rivals Samsung. The South Korean company already has the Gear series of wearable tech, and has long since edged out Apple in the smartphone market. Pebble and Martian are also some key players in the wearable tech business.

Still, its an Apple device, and should live up to some of the hype.