“Apple Inc. has a team of about 100 product designers working on a wristwatch-like device that may perform some of the tasks now handled by the iPhone and iPad, two people familiar with the company’s plans said,” Peter Burrows and Adam Satariano report for Bloomberg.

“The team, which has grown in the past year, includes managers, members of the marketing group, and software and hardware engineers who previously worked on the iPhone and iPad, said the people, who asked not to be named because the plans are private,” Burrows and Satariano report. ‘The team’s size suggests Apple is beyond the experimentation phase in its development, said the people.”

Burrows and Satariano report, “Apple’s James Foster, senior director of engineering, and Achim Pantfoerder, another manager, are part of the efforts to introduce a wristwatch-style computer, according to the people. Apple has worked on wearable devices for tracking fitness in the past and never brought them to market, said one of the people… Apple is right to invest in products such as watches, even if they don’t result in commercial products, said Josh Spencer, a fund manager at T. Rowe Price Group Inc. ‘There’s more people that would wear an Apple watch than would wear Google glasses,’ Spencer said.”

Read more in the full article here.

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