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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

3

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
Apple

Apple introducing the iWatch in October?

By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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By
Benjamin Snyder
Benjamin Snyder
Managing Editor
Down Arrow Button Icon
June 6, 2014, 5:43 PM ET
The logo of Apple Inc. is seen outside the company's store at Covent Garden in London, U.K., on Friday, Oct. 14, 2011. Apple Inc. is poised to sell as many as 4 million units of its new iPhone 4S this weekend as customers around the world clamor for one of the last products developed under Steve Jobs. Photographer: Matthew Lloyd/Bloomberg
The logo of Apple Inc. is seen outside the company's store at Covent Garden in London, U.K., on Friday, Oct. 14, 2011. Apple Inc. is poised to sell as many as 4 million units of its new iPhone 4S this weekend as customers around the world clamor for one of the last products developed under Steve Jobs. Photographer: Matthew Lloyd/BloombergPhotograph by Matthew Lloyd — Bloomberg/Getty Images
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On the heels of its developers conference this week, news has emerged that Apple will soon introduce a watch-like health monitor, people familiar with Apple’s plan told Nikkei.

The company plans to reveal the device, which went unnamed in a report by Re/code, at an event in October. Apple is expected to make use of HealthKit, a health and fitness information app that it announced at its conference this week.

Nikkei also reported that Apple will manufacture three million to five million units each month.

Apple watchers have speculated for quite some time about Apple’s plans for wearable electronics including a watch unofficially dubbed iWatch. The planned device is expected to track sleep, calories, blood glucose and blood oxygen levels. Users will also be able to use the device to read messages sent by their smartphones, according to the report

More details about the new device have yet to be released, although it will likely use an upgraded mobile operating system for smartphones and tablets.

Nikkei also said that Apple (AAPL) is pairing up with Nike (NKE) in order to combine their services, although its unclear in what capacity.

(Story was updated with new headline and additional information)

About the Author
By Benjamin SnyderManaging Editor
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Benjamin Snyder is Fortune's managing editor, leading operations for the newsroom.

Prior to rejoining Fortune, he was a managing editor at Business Insider and has worked as an editor for Bloomberg, LinkedIn and CNBC, covering leadership stories, sports business, careers and business news. He started his career as a breaking news reporter at Fortune in 2014.

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