If indeed the Apple iWatch turns out to have a near field communication chip, the landscape of point of sale credit card payments is about to change, even more so if the iWatch indeed is able to function as a stand-alone device, as opposed to a paired one, like nearly every other smartwatch on the market.

The question could be just how many iPhone features will be controlled by the iWatch. From a consumer point of view, if Apple hopes to have a grand debut into the wearable tech market, it needs to focus on allowing as much control as possible of the most familiar apps, or at least the ones available on iCloud.

The project’s focus is to reduce electronic waste, starting from re-thinking smartphones as modular, Lego-like devices with interchangeable components, down to the most basic feature.

The smart watch is one of the few items that did not really enter the market as an object of luxury. All this is about to change. This high-end item offers amazing specs, superior design, and upgrade options. If you are the kind of shopper who doesn't need to look at the price tag, this smart watch is the best money can buy.