Bloomberg claims Apple has a 100 people team building the iWatch

Hot on the heels of the speculation that Apple is working on some smart watch project of sorts, now comes a confirmation from a reputable source like Bloomberg, whose two insiders have shared the project actually commands considerable resources inside Apple's labs.

No less than a team of about a 100 people have been dedicated to the the wearable computer, and those include "managers, members of the marketing group, and software and hardware engineers who previously worked on the iPhone and iPad."

With that many resources dedicated to the eventual iWatch there is a chance we see it as a commercial product, but what is Apple thinking it will bring to the table in this day and age of phones with crazy specs and hundreds of thousands of applications to them that we always carry, remains to be seen.

source: Bloomberg