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Apple 'iTime' patent revealed as firm beats Q3 earnings expectations

Laura Barnes
Apple 'iTime' patent revealed as firm beats Q3 earnings expectations

A new patent by Apple has been revealed, detailing a wearable tech device called iTime.

The document and drawings show a band with an iPod Nano-type device attached to the front.

The wearable device has built-in electronics like Bluetooth transceivers, accelerometers, and GPS modules.

The patent explains that the iTime device will enable smartphone or computer notifications that the wearer can see, hear or feel.

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Users will also be able to dismiss notifications by shaking their wrist.

Apple is expected to launch a smartwatch called the iWatch this year. While this patent could give some insight into what we may see from the new product, it was only issued on July 22nd – unusually late considering the iWatch is expected in September.

The patent comes as Apple reveals its earnings for its third fiscal quarter.

While the firm beat its earnings expectations, with its profit rising to $7.7 billion at $1.28 per share – analysts predicted $1.23 – its iPhone sales came in below the 37 million expectation at 35.2 million. This is, however, 13 per cent higher on the same quarter a year ago.

There was also a drop in iPad sales. The tablet came in at 13.6 million, below analyst expectations of 14 million.

Tags: Apple, Financials, patent, iwatch, iTime

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