It will likely feature biometric sensors that collect calorie consumption and sleep patterns, the report noted, and users will be able to look at a circular watch face to read their pulse.
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The iWatch may come in two separate sizes, 1.3 inches and 1.5-1.7 inches, and will likely work with the iOS8 Health app, MacRumors wrote.
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Apple is finalizing the specs on the device, which will use a curved OLED touchscreen, the article said.