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Apple's $350 Smartwatch Shipping In April

iPhone company's first wearable device launching in April.

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Apple has announced that its first wearable device, the Apple Watch, will start shipping in April. CEO Tim Cook announced the shipping window as part of the company's holiday quarter sales report.

"Development for Apple Watch is right on schedule," Cook said during a call with analysts and media, as reported by GameSpot sister site CNET.

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When Apple originally announced the Apple Watch in September 2014, the company had only confirmed an "early 2015" release date for the device.

The base Apple Watch model will cost $350, though Apple will also offer a more expensive "Watch Edition" version (pictured above) that features an 18-karat gold casing and a display protected by sapphire crystal. An Apple Watch Sport model will also be available, though pricing has not been announced.

During the financial call this week, Cook said his expectations "are very high" for Apple Watch.

"I'm using it every day and love it and can't live without it," he said. "I see that we're making great progress on the development of it."

Regarding the third-party developer support for Apple Watch, Cook said that the number of outside studios making apps for the device is "impressive."

A variety of bands--six in all--will be available for the Apple Watch, including stainless steel and leather straps. These are interchangeable (using a proprietary strap design), meaning users won't be locked into one style or another.

The device has a built-in heart rate sensor and gyroscope, as well as haptic feedback. The Apple Watch can also determine the difference between a tap and a press, and features wireless, inductive charging. It also comes with support for Apple's personal digital assistant, Siri.

Apple Watches require an iPhone because the two devices have been designed to work together. However, users won't need to buy a new iPhone 6 to use the watch, as Apple Watches are also compatible with iPhone 5, iPhone 5S, and iPhone 5c models.

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