The Apple Watch will be available in several major markets around the world from April 24, at a starting price of $349.
“Apple Watch begins a new chapter in the way we relate to technology,” said chief executive Tim Cook, who spoke at a San Francisco media event.
Cook said “the most personal device we have ever created” can display a variety of faces ranging from a classic watch face to an animated Mickey Mouse.
Connecting wirelessly to a user’s iPhone, the watch is designed as a wrist device for messaging, calls and a variety of health apps.
An Apple statement described it as “an intimate and immediate communication device and a groundbreaking health and fitness companion.”
Apple enters a market that already has a number of players, ranging from South Korean giants Samsung and LG, to Japan’s Sony and startups such as Pebble.
But analysts expect Apple to lift the market by integrating the watch with the iPhone and its software ecosystem, and its range of apps and sensors for health and fitness.
“It’s like having a coach on your wrist,” Cook said
For communication, Apple Watch offers a range of apps and can be used as a sort of wrist-radio from the Dick Tracy comics.
“With the built in speaker and microphone you can receive calls on your watch. I have been wanting to do this since I was five years old,” Cook said.
– Pay from the wrist –
The watch is integrated with Apple Pay’s mobile wallet and can be used to view pictures, monitor news and connect to social media.
The watch can use other apps ranging from Uber ride-sharing to music to home automation.
“Now it’s on your wrist, not in your pocket or your pocketbook,” Cook said.
“I think you’re going to be surprised at what developers can do when you unleash that community.”
Apple demonstrated using the watch to listen to music, with lyrics displayed on the watch face.
The company also demonstrated an app to open a garage door from afar to let in a family member who is locked out.
But one of the keys will be the health and fitness applications.
The watch has an accelerometer, a heart rate sensor and sensors for “a comprehensive picture of your all-day activity and workouts.”
It will prompt a user to get up and walk if sedentary too long.
– All-day battery –
Cook boated that the device will have “all-day battery life” — or some 18 hours.
Entry price will be $349 in the United States, with costs up to $1,049 for extra features.
A solid gold limited edition will be priced from $10,000.
Initially, it will be available in Australia, Canada, China, France, Germany, Hong Kong, Japan, Britain and the United States.
Pre-orders will be taken from April 10.
Moor Insights and Strategy founder Patrick Moorhead, who attended the event, said “the secret weapon here is the ability to message each other by tapping on the watch, I think people, particularly kids, are going to go nuts over that.
“Apple has a big chance of success, and what that is going to do is set the bar for the experience that the entire smartwatch,” he added.
Jan Dawson at Jackdaw Research said Apple’s unveiling was “relatively unsurprising, with little new information other than price.”
Still, he said he expects Apple to sell around 20 million of the devices in 2015, and that this will “catalyze the overall smartwatch market and help other vendors even as Apple comes to enjoy levels of market share it hasn’t had since the iPod.”
Research firm Strategy Analytics predicts Apple will sell 15.4 million units worldwide in 2015, to give Apple a 55 percent market share.
More conservative, ABI Research expects Apple to ship 13.77 million units, just under 50 percent of the market.
At the event, Apple also unveiled a new Macbook laptop computer than weighs less than one kilo (two pounds), and a new initiative to use the iPhone to collect data for medical research, focusing on heart disease, diabetes, asthma, breast cancer and Parkinson’s disease.