Apple CEO Tim Cook Speaks About The Apple Watch
Apple CEO Tim Cook speaks about the Apple Watch during an Apple event at the Flint Center in Cupertino, California, September 9, 2014. Reuters/Stephen Lam

Apple Watch, the much-hyped smartwatch from the Cupertino company, was announced on Sept 9. It comes in three variants: Watch, Watch Sport and Watch Edition. The Watch Edition is the premium version of the smartwatch from Apple. On DaringFireBall, motable analyst John Gruber claims that the gold-decked luxury smartwatch would be priced as much as $5,000.

The Apple Watch features a stainless steel body while the Apple Watch Sport is designed with anodized aluminum exterior. The premium Apple Watch Edition, on the other hand, has been marvelously created with 18-karat gold.

The Apple Watch Sport will be available at a reasonable price of $349, Phone Arena reports. Apple Watch, with the stainless steel body, is expected to roll out with a retail price of $999. Meanwhile, since the premium Watch Edition features pure gold, Gruber feels that at the very least, the wearable will be priced at $1,999 when it retails in the coming year.

Features of Apple Watch Smartwatches

All three Apple Watch smartwatches are powered with Apple S1 processor and run on iOS-based Watch OS. They feature a notable Retina Display that measures 1.5 x 1.7 inches. The screens of Apple Watch and Apple Watch Edition feature sapphire crystal, whereas the Apple Watch Sport features strengthened Ion-X glass.

Apple is going to launch 18 models of Apple Watch, 10 models of Apple Watch Sport and 6 models of Apple Watch Edition. The digital crown, which allows you to access all the features and notifications,

is the major feature that is available in all the versions of Apple Watch.

As far as connectivity is concerned, all the editions of Apple's wearable are equipped with NFC, Bluetooth v4.0, Wi-Fi and MagSafe inductive charging. Only owners of iPhone 5, iPhone 5S, iPhone 5C, iPhone 6 and iPhone 6 Plus will be able to use their handsets to establish connection with the Apple Watch smartwatches.

Apple has not officially disclosed the price and release date of Apple Watch. During the Apple event, the company also did not divulge specific details about the battery life of the smartwatch. Apple Watch competes with recently announced smartwatches like Motorola Moto 360, LG G Watch R, Samsung Gear S, Asus ZenWatch and Sony SmartWatch 3.