A team of roughly 100 Apple product designers are currently working on a “wristwatch-like device that may perform some of the tasks now handled by the iPhone and iPad,” according to a Bloomberg report. The team includes managers, marketing group members, and software and hardware engineers who worked on the iPhone and iPad. People familiar with Apple’s plans said the team size suggests that the smart watch has moved beyond the experimentation phase. Other media outlets known to receive official leaks from Apple reported earlier this week that Apple is developing a smart watch.

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