Apple iTime
IToday, Apple will hold an event in Cupertino, California, in which it is almost certain to show off the iPhone 6, but it is also expected to show off a wearable device and dive into mobile payments.
According to a new report, the upcoming Apple iTime smartwatch will include a near-field communication (NFC) chip, allowing for one-tap mobile payments and other transfers of information.
Internally, Apple executives had discussed selling the new iTime smartwatch for $399, a price that would be significantly higher than existing watches.
Late night talk show host Jimmy Kimmel decided to have some fun on Hollywood Boulevard with Apple fanboys and the non-techie crowd, showing off the alleged new Apple iTime smartwatch.
