If indeed the Apple iWatch turns out to have a near field communication chip, the landscape of point of sale credit card payments is about to change, even more so if the iWatch indeed is able to function as a stand-alone device, as opposed to a paired one, like nearly every other smartwatch on the market.

Apple is expected to display its new healthcare app at a tech conference this week.

The question could be just how many iPhone features will be controlled by the iWatch. From a consumer point of view, if Apple hopes to have a grand debut into the wearable tech market, it needs to focus on allowing as much control as possible of the most familiar apps, or at least the ones available on iCloud.

According to a senior analyst, we now have an idea as to what the Apple iWatch is most likely going to look like.