This is one of Apple’s most anticipated product category since the passing of former CEO and visionary Steve Jobs. It’s less than a week to the big announcement and rumors surrounding the company’s widely-expected entry into the wearable market are reaching the climax. According to some unidentified sources who have informedRecode that there won’t be a single Apple wearable device — or “iWatch” as many people have decided to call it — but instead there will be multiple models at different price points.The report also goes on to say that, executives have discussed offering a model for as much as $400 — significantly more than the competition. LG’s and Samsung’s Android Wear-powered models cost $199.99 and $229 respectively. Samsung’s Gear 2 costs $299.99. While the upcoming Moto 360 costs $ 299.
We however don’t know how many models Apple will gush out, but it wouldn’t be surprising to see less expensive versions of the device with several screen sizes, or perhaps less-impressive specifications or materials. Today’s report adds that it’s not clear that Apple has settled on a price yet, and it’s possible that the company will not show how much the wearable (or wearables) will cost until later on.