“KGI Securities analyst Ming-Chi Kuo, who has on a number of occasions offered accurate information about Apple’s product plans, issued a new research report this week outlining his expectations for Apple’s rumored smart watch device, informally dubbed ‘iWatch,'” Eric Slivka reports for MacRumors. “Despite some expectations that the device could launch later this year, Kuo believes that both hardware and software issues will result in the iWatch making its debut in the second half of 2014.”

“On the hardware front, Kuo projects that the iWatch will use a 1.5-2.0 inch display and unsurprisingly believes that Apple will draw on the iPod nano when it comes to components, particularly with respect to the main processor and the touch technology,” Slivka reports. “Further, Kuo believes that biometrics will be a key feature for the iWatch, allowing for increased security and opening the door to broader health-related applications.”

Read more in the full article here.