Apple Watch is the long-rumored iWatch

It's official. Apple is making a smartwatch called simply "Apple Watch," but you're going to have to wait for the opportunity to pay at least $349 for one until early next year. If the Apple Watch works as well as the company claimed during its lengthy unveiling on Tuesday, it just may be worth the wait.

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Apple Watch is the long-rumored iWatch

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Apple Watch is the long-rumored iWatch