Consider all the high quality leaks for the iPhone 5s and 5c. We know what they look like, we have seen their components, the boxes they come it. There is video of a 5c running with the screen on. Here is a detailed photo of the 5s fingerprint sensor. OK now ask yourself why there has not been one single leaked photo of the iWatch? Does it not really exist or is Apple building it in a super secret assembly like using robots?