Sources: Apple’s iWatch Is a Curvy, Health-Monitoring Machine

Source: iWatch Concept by Todd Hamilton

Source: iWatch Concept by Todd Hamilton

As the fall season draws nearer, more and more rumors about Apple’s (NASDAQ:AAPL) expected new product launches continue to emerge from the company’s overseas supply chain and other insider sources. Besides the rumored large-screen iPhone 6 models, many industry watchers are also expecting Apple to release a wearable tech product that many have already dubbed the “iWatch.” Although Apple has yet to even confirm the existence of any wrist-worn wearable tech product, a new report from Japan’s Nikkei Asian Review via TechCrunch offers many new details about this long-rumored device.

According to unnamed industry sources cited by Nikkei, Apple’s “watch-like wearable gear” will include biometric sensors that will collect various health-related data, such as calorie consumption, blood sugar levels, oxygen saturation, and sleep activity. The sources predicted that Apple’s wearable tech device will launch in October, presumably after the debut of the iPhone 6. Nikkei’s sources also indicated that Apple had partnered with Nike (NYSE:NKE) to create the device. Rumors of an Apple-Nike partnership circulated earlier this year when CNET reported that Nike was exiting the hardware side of its wearable tech business to focus on software. Nike gained valuable experience in health-related wearable tech from making the FuelBand activity-tracking device.

Although the health-related data will be collected through Apple’s wrist-worn device, the information will be managed by an app on the iPhone. Apple unveiled a health data storage platform called HealthKit and a Health app at the Worldwide Developers Conference on Monday. According to Nikkei’s sources, Apple will use this platform to enable third-party app developers to create their own health-monitoring apps. Apple has already announced partnerships with high-profile hospitals, including the Mayo Clinic. A Mayo Clinic doctor quoted by Apple during the WWDC keynote address said that “HealthKit will revolutionize how the health industry interacts with people.”