Apple iwatch to launch in third quarter of 2014 and comes with average price tag of $199

Taiwanese firm inventec will be major supplier of Apple iWatch,as 60% of order allocation goes to Firm said Taiwan daily.the sources also said that wearable device will be launched in 3rd Quarter of 2014 and expected shipments of device will be around 63.4 million in 2014.

The expected price of device will be around $199 which is a very good price and consumers will purchase this device to replace their iPods.

The iWatch orders from Apple to contribute about 19% of inventec profits in 2014.A lot of competition will be seen in this sector as all major manufacturers Google,Microsoft,Samsung,LG and Sony racing to develop Smartwatch. 

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