NEW YORK (TheStreet) -- There's been a lot of talk recently about wearable technology and Apple's (AAPL) upcoming role in it as the iWatch launch gets closer to reality. However, if the iWatch costs as much as some think, wearables may fall flat on their (watch) faces.
From 9to5Mac (a partner with TheStreet), comes a report from KGI Research analyst Ming-Chi Kuo, who in the past has been spot on with Apple's product releases even if the timing has been a little off. This year he's not expecting much in the first half of the year, only a small update to the iMac. But in the back half of the year is when Apple goes beserk and has the mother of all product updates, including the unveiling of the iWatch.
Starting in the third quarter and going to the fourth, Apple will update the iPad Air and iPad mini, the Apple TV, as well as all of its MacBooks. In addition, we'll also see the long-awaited launch of the next iPhone, dubbed by many to be called the iPhone Air, which will come in two sizes, 4.7-inches and 5.5-inches. The 4.7-inch model, according to Kuo, may be released before the 5.5-inch version because of manufacturing issues for the larger screen.
However, the big release for Apple this year will be the iWatch. What's most troubling from Kuo's report is not that it will be available in a variety of different styles and two sizes but how much it will cost.