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Company's first wearable device launches in early 2015, and it requires an iPhone. Today during a special press event, Apple not only revealed new iPhones, but also a smartwatch product line. The Apple Watch is the most personal device Apple has ever created, CEO Tim Cook said, as reported by GameSpot sister site CNET. You can follow along with CNET's liveblog for up-to-the-second details about the device. "Because you wear it, we invented new intimate ways to connect and communicate directly from your wrist," Cook said, labeling the Apple Watch a "breakthrough" product. The Apple Watch represents the company's first wearable device. Other major personal electronics makers, including Sony, Motorola, Samsung, and LG, already have smartwatches available on the market. The Apple Watch line will include three main models: Apple Watch, Apple Watch Sport, and Apple Watch Edition. A variety of bands--six in all--will be available, including stainless steel and leather straps. These are interchangeable (using a proprietary strap design), meaning you're not 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. In terms of software, Siri makes the jump to the Apple Watch, and there are also maps and photo apps. Apple Watches will start at $349 when the product line launches in early 2015. In addition, Apple Watches require an iPhone because the two devices have been designed to work together. You won't need to buy a new iPhone 6 to use the watch, however, as Apple Watches are also compatible with iPhone 5, iPhone 5S, and iPhone 5c models. Wall Street is responding positively to today's Apple news, as the company's stock is up around 3 percent today to $101.34. Add Rep and Leave a feedback Reputation is the green button in the down right corner on my post