Apple works on iWatch?

After creating the iPod, iPhone, and iPad, Apple is now allegedly working on an iWatch. A report cited by Business Insider claims that Apple has partnered with Intel to develop and iOS watch. Supply chain sources reportedly told Chinese blog site Tech163.com that the watch would be Bluetooth-enabled and sport a 1.5-inch OLED screen.

The so-called smart watch would debut sometime in the first half of next year.

Other sources have chimed in on the general concept, with Piper Jaffray analyst Gene Munster, for one, saying he thinks wearable computing is a line that Apple might eventually get into. And as noted by The Next Web, the Kickstarter campaign by Pebble raised more than $10 million from people convinced of the demand for a smart watch running iOS or Android.

Based on just the one report from Tech163.com, this bit of "news" is decidedly in the rumor stage. Still, a smart watch represents another area where Apple could see heavy interest and demand.