Rumor: Apple Watch steel model to begin at $500, gold model to retail between $4,000 and $5,000

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Date: Wednesday, November 5th, 2014, 10:00
Category: Hardware, Rumor, Wearables

Apple is far from releasing its price points for its upcoming watch, but the rumors as to the cost are starting to pour in.

Per 9to5Mac, French website iGen.fr, reported on Tuesday that the steel Apple Watch will start at US$500 alongside a gold model that will retail for between US$4,000 and US$5,000. Apple previously claimed at its September event that the Apple Watch would start at US$349, but did not disclose further pricing information.

The report claims that the stainless steel Apple Watch in polished steel or black will cost US$500, while the gold Apple Watch Edition will be the more expensive version at between US$4,000 and US$5,000. That price range would be nearly half the estimated US$10,000 price that some other reports have suggested.

In terms of a launch date, the report claims that the Apple Watch will launch in time for Valentine’s Day, but that was the most specific date given. An internal memo from Apple retail chief Angela Ahrendts was recently published in which she wrote that the Apple Watch will launch in the “Spring” following the Chinese New Year.

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iGen.fr accurately reported that Apple would launch both the 4.7-inch and 5.5-inch iPhone 6 at its September event and has also provided information that proved true regarding an iPod touch update in the past.

Apple announced last month that its WatchKit SDK will be available in November.

Stay tuned for additional details as they become available.

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