Although Apple (NASDAQ:AAPL) has yet to even confirm the existence of its long-rumored iWatch, a new research note issued by a well-connected analyst suggests that the device will debut a little later than originally predicted. In April, KGI Securities analyst Ming-Chi Kuo predicted that the mass production of the iWatch would kick off in September, with an expected launch date in October. However, according to Kuo’s latest research note obtained by 9to5Mac, Apple’s wrist-worn wearable tech device will likely not begin production until at least November.
“We have pushed back our estimated time of iWatch mass production from late-September to mid-/ late- November,” wrote Kuo according to 9to5Mac. “We also lower our forecast of iWatch 2014 shipments by 40% to 3mn units.”
According to the analyst, the production delay is due to difficulties related to the novelty and complexity of the device’s hardware and software. Apple typically reuses components across its product lines in order to save development and production costs. For example, the original iPad mini was made with a display that had the same pixel density as the iPhone, which allowed Apple to reuse existing display components and similar production methods for a new product. However, since the iWatch is so radically different from the other products that Apple has previously made, it requires entirely new components and manufacturing methods.
Kuo also offered a glimpse of what he believes some of the new iWatch components may be in his research note. According to 9to5Mac, Kuo believes that Apple’s iWatch will feature a flexible AMOLED (active-matrix organic light-emitting diode) display, a sapphire-covered screen, new system-on-a-chip components, and higher waterproofing standards.