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Apple’s iWatch will cost ‘several thousand dollars’ when it launches in autumn this year. That’s the word from analyst Ming Chi Kuo, who claims the top–end model will be just one of a number of price points for the much–vaunted smartwatch.

In a new note on Apple’s 2014 plans, Kuo claims that the Cupertino company is working on two different sized models of the iWatch: One with a 1.3–inch screen, the other with a 1.5–inch effort.

That tallies with previous rumours, which suggest that Apple is readying a multi–pronged approach to the smartwatch space.

Kuo also believes that it is priming watches using different materials, allowing it to compete at a number of different price points.

Other tidbits from the renowned analyst’s scribblings include claims that the battery will last longer than most current smartwatches and that the handset will feature ‘innovative antenna design’ to allow for wireless charging.

Apple is widely expected to reveal the iWatch at a special event later in the year.

News of the tech giant's watch comes as key rivals have already started cornering the space.

Samsung has already released the second generation of its Gear smartwatch, while Google recently revealed Android Wear, its wearables–focused OS.



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