Apple will enter smartwatch market with its latest concept iWatch. The smart watches are gaining momentum since the launch of I’m watch last year. Sony launched its first smartwatch back in summer and is hugely popular with Android users. Apple iWatch will feature a 1.5-inch PMOLED display coated with an ITO coated glass. The iWatch will come pre-installed with Apple’s latest iOS release. It will connect to iPhone, iPad and iPod Touch via bluetooth 4.0 connection. There are no further information available on the iWatch but rumors according to chinese gadget site Tech.163 are that it will be launched by the end of 2013. The concept of Apple’s iWatch will certainly excite Apple fans who love watches. Apple iWatch will compete against other smartwatches like Pebble E-Paper watch and I’m Watch. Stay tuned for more updates or follow @harrym20.