Apple iWatch could come with a $1000 plus price tag

Apple's new gadget will come in two sizes with a1.3-inch and 1.5-inch display, says Analyst

Apple may launch its iWatch for an outrageous price, which is likely to cost over 1000 dollars.

One Apple watcher predicts that the company will sell the long-rumored device as a luxury accessory and that certain models will cost upwards of 1,000 dollars, the New York Post reported.

Meanwhile, KGI analyst Ming-Chi Kuo says that Apple's new gadget will come in two sizes with a1.3-inch and 1.5-inch display.

Kuo wrote in a report saying that referring to the rules of the fashion market, it can be predicted that the iWatch casing and band will come in various materials, adding that the most expensive model of the iWatch line will carry a price tag of several thousand US dollars.