What about the software? No mention about it in the article.
Or is it that everyone assumes that it will run some form of iOS?
Even if the final product does run some iOS based OS, I wouldn't be surprised that Apple also currently has an iWatch prototype running the Pixo OS (iPod OS) as a plan B.
If you look at the latest iPod nano OS, you'll see that the Pixo team went to great lengths into reproducing iOS behaviours (looks like iOS 6 though, but that's a...