Details of Apple's Smart Watch Revealed Today
COSTELLO: Any remaining questions about the new Apple watch are about to get answered. In about three hours, CEO Tim Cook is expected to reveal all those secret details about their big gadget release. CNN's Samuel Burke joins us now with five things to know about this new smartwatch. I'm ready.</s>SAMUEL BURKE, CNN CORRESPONDENT: Good morning, Carol. It's the first new device since the iPad. The first under the watch of Tim Cook. It starts off at --</s>COSTELLO: Did you just say "the watch?"</s>BURKE: Yeah, I did. It starts off at $349. It comes in three different styles. It's called the Watch, the Watch Sport, the Apple Watch Edition, and it comes IN stainless steel, aluminum silver, they call it, 18 karat gold. Here is the most important part. Listen to me clearly. It only works if you have the iPhone 5 or newer. So you can't just walk around with this watch unless you just want to tell time. If you want to be able to use the functions on it like phone, e-mail, et cetera., you're going to have to have the phone with you to make it work. It doesn't have GPS. Again, you'll have to have the phone with you to make it work. And most importantly, Carol Costello, the most expensive model we expect to be announced today will cost $10,000. Will you buy me one?</s>COSTELLO: No, I'm not going to buy myself one. Are you kidding? It just doesn't sound like a great thing to invest in to me. I'm trying to like wrap my mind around it, but I can't.</s>BURKE: What they're saying is it will be more convenient. Instead of having to reach into your pocket, you can look down at your wrist to get a phone call, to answer a message. I'm skeptical though because there's a dirty little secret in wearables. It's the buzz word in technology, but one-third of people who get wearable technology in the United States abandon it within six months. And among adults, nearly half of them abandon it. Some people say this means Apple could come in and do well in a space where people haven't done well before. That's what they did with the iPod and the iPad. It's very hard to bet against Apple, but I don't know. Not being able to use it unless you have the phone, that really holds me back. You?</s>COSTELLO: Yeah, because I could envision myself buying one if I didn't have to have my phone with me.</s>BURKE: If you go running or something like that.</s>COSTELLO: Yeah. Then I could just look at my wrist, I could keep my time. But it doesn't have GPS, so it can't even track my mileage.</s>BURKE: It has Apple Pay on it so you could pay with it. But again, it looks like you're going to need to have the phone to be able to do that. If you're going to buy one, you're also going to have to have your phone with you. Don't forget that.</s>COSTELLO: We'll see if the lines form.</s>BURKE: We'll be watching.</s>COSTELLO: Yeah, we'll be watching. Ha, ha, ha. The next hour of CNN NEWSROOM after the break.