MacNN:

[The China-based Economic Daily news service] claims that the Apple iWatch will see release in the third quarter, with production at Foxconn, Pegatron, Quanta, and Inventec. An OLED display is expected, but power draw issues are currently causing problems.

Uh-huh. Sure. That’s gonna happen.

Pricing is reputedly $349, with about 10 million units available at device launch.

I’m so old I remember when the iWatch cost thousands of dollars. I’m sure we can take this price to the bank, though.

(By the way, we didn’t get those new iPhones at WWDC we were supposed to.)