According to Financial Times the release of Apple iWatch may be postponed to late 2014 due to the complications in development of device.
Apple has also looking for smaller firms which has expertise on connected devices and also starts hiring new engineers for the production of iWatch.This clearly indicates that Apple's engineers are unable to develop wearable technology.
Just a week ago,Apple hired Paul deneve Former CEO of Yves Saint Laurent to work on special projects which according to speculation is the development of iWatch and other wearable technologies.
Apple has already started filling trademark applications for iWatch in various countries
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