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Noted KGI Securities analyst Ming-Chi Kuo believes Apple's much-rumored iWatch will hit store shelves late next year, not in 2013 as many market watchers expect, with a 1.5- to 2-inch screen, focus on biometrics and deep integration with existing iOS devices.



From Apple Insider:
In a note to investors obtained by AppleInsider on Wednesday, Kuo said he does expect Apple to release a wearable accessory, namely the iWatch, sometime in the future, but doesn't see the company debuting the product any time soon.

Unlike other analysts, Kuo, who has a proven track record in accurately predicting Apple's product rollouts, believes Apple will ramp up production in the second half of 2014, a period more than one year later than current estimates.
  Apple's 'iWatch' to come in late 2014 with focus on biometrics, analyst says