ADR Studio has tried to imagine a new Apple style product, called the iWatch. Its just a concept cooked up by an Italian design firm.

It has an aluminum casing, with 16GB of internal storage and connects to iPhones or iPads by Wi-Fi or Bluetooth. It could answer calls that come through on the iPhone in your pocket, or display RSS feeds, weather or photos. An inbuilt pico projector for beaming photos and video sounds awesome but my wrist feels sore already just thinking of being held up in order to project a full movie.