Apple Watch

A report in today's Economic Daily out of Taiwan (spotted by G4Games) claims that Apple's highly anticipated iWatch will launch with three models. The models will vary by size and shielding. The report also claims that the rumored iPad Pro is still in the works and may be official by the end of the year.

According to the publication, one model will sport a 1.6" touchscreen panel while the other two will have larger 1.8" screens. Earlier rumors have claimed sizes ranging from 1.3" up to 2.5". The two larger sizes will differ by their screen material - one will employ sapphire glass, which is a super hard material that is scratch resistant.

While many analysts have pointed to September as the start of mass production of the highly anticipated iWatch and a launch date some time in October, KGI Securities analyst Ming-Chi Kuo, who has a reputation for accurate predictions regarding Apple products, sees things differently.

In a recent research note, Ming-Chi Kuo wrote, "We have pushed back our estimated time of iWatch mass production from late-September to mid-/ late- November. We also lower our forecast of iWatch 2014 shipments by 40% to 3mn units." The delay is largely due to complexities/difficulties that the iWatch is presenting in both

The Wall Street Journal is the latest outlet to throw its weight behind the latest Apple rumors claiming that the company will release both an iWatch and larger iPhone 6 this fall. The WSJ report comes two weeks after unidentified Bloomberg sources revealed that Apple was preparing to begin production on two larger iPhone models. However, the WSJ report only mentioned one iPhone model, not two.

The report also said "people familiar with the company’s plans" claim Apple is working on a watch "with advanced sensors to track a user’s fitness and health." Apple recently announced a new Health app that would collect data from third-party apps such as heart rate, calories burned an so on. It has been widely speculated that this app was created to be a companion to the rumored iWatch.

As expected, Facebook launched its second Snapchat clone after removing Poke from the App Store last month. The new app allows users to send photos and video clips that disappear after a user swipes them away. Facebook's app differs from Snapchat because it forces users to send images or videos before they can view any sent to them. Facebook has been desperately trying to recapture its younger users who have been leaving the company's main service in droves for trendier products such as Yo.

Unfortunately for Facebook, Yo is already surpassing it in the App Store rankings. The messaging app is currently ranked number 5 on the Apple's Top Free Apps Chart, while Slingshot is nowhere to be found. Yo saw a surge in popularity after the Finacial Times published an article about the app which allows users to send the word "Yo" to their contacts.

The rumor mill has been churning out questionable "iWatch" speculations and forecasts for some time now. That the product exists and will launch within a year seems a certainty at this point. If it does launch later this year, UBS analyst Steve Milunovich believes that it could match the iPad's success, selling 21 million units in 2015 and up to 36 million during the following year.

In a note to investors obtained by AppleInsider, Milunovich writes that, with a projected retail price of $300, the iWatch could see margins of around 25% at launch time, increasing to the low 30s over several quarters. He estimates sales