Apple will reportedly be launching the iWatch in October

Apple said its operating system, slated for release this fall, will interact with wearable devices that will allow users to wear their health stats on their sleeves. Apple announced on Thursday that its upgraded operating system will support wearable health-monitoring devices as early as this fall, marking the company’s latest maneuver into the fast-growing healthcare market. Nikkei Asian Review reports that Apple made the announcement at its annual Worldwide Developers Conference. While Apple has not yet released details of the device, it is rumored to be a watch-like touchscreen that could be used to monitor vital stats, such as heart rates, calorie intakes, and blood sugar.

Apple will be launching its much-rumored iWatch this October, according to multiple reports out today, and the company is so confident in the device that it’s reportedly looking to produce three to five million units per month. Apple’s shares took a small dip after the company’s WWDC keynote last Monday, in part because investors had hoped for bigger hints about what could be the company’s next blockbuster device. Instead Apple announced new software platforms that allowed its devices to talk more easily to one another when in close proximity — a feature it called Continuity — along with an app that aggregates biometric data, called HealthKit. Both features appeared to set the scene for a wearable device, and expectations are high after Apple’s Eddy Cue recently said that later in 2014, ”we’ve got the best product pipeline that I’ve seen in my 25 years at Apple.”  Apple will reportedly hold a special event in October in which it reveals a wearable device that works with its HealthKit service.