Apple Inc. has a team of about 100 product designers who can work on the wristwatch-like device to perform certain computational tasks now handled iPhone and iPad, with the two men. Familiar with the company’s plans

The team, which said last year, including senior executives, members of the economic groups, as well as software and hardware engineers who have taken action on the iPhone and iPad, that rejected the people who are identified because the plans private. The team size shows Apple is about experimentation phase of its development, the people said.

Apple Inc. ‘s profit margins will fall back to levels not seen since after the 2007 debut sales of the iPhone, the competition and the lack of breakthrough products of increased pressure to lower prices.

CEO Tim Cook faces pressure from shareholders who have seen the stock fall by more than 30 percent since the September high amid slowing sales growth and competition from rivals such as Samsung Electronics Co. Without a revolutionary new device, which commands a higher price, are Investors urge Apple more money.

“IWatch fills a hole in the Apple ecosystem,” Bruce Tognazzini, technology consultant and former Apple employee, wrote in a blog last week. “Like other ground-breaking products Apple, whose value will be underestimated at the start, then grow to have a profound impact on our lives and fortunes of Apple have.”

Natalie Kerris, a spokesman for Cupertino, California-based Apple, declined to comment. Previously, the New York Times that Apple are working on a clock-like device.

Wearable and portable Computer

Apple James Foster, Senior Director of Engineering, and Achim Pantförder, another manager, are part of efforts to find a wristwatch-style computer, depending on the people imagine. Watch Apple work on a device condition of wear in the past, but never brought to the market, said one of the persons.