We have seen some quite unreliable prototype images of a Nokia smartwatch, and we have heard a rumor that said Nokia's smartwatch could launch in the second half of the year. Now, WPCentral editor-in-chief Daniel Rubino is seemingly confirming that idea by saying that wearable devices from Nokia are coming "later this year", but there may be app announcements at the Microsoft Build developers conference next week.
The question remains though what to expect from a Nokia wearable. Nokia's Devices and Services division will likely be transferring over to Microsoft sometime next month, as the acquisition is expected to finalize. But, the earlier rumors of a Nokia smartwatch stated that the device in development was not going to be part of the Microsoft deal, meaning it would be released by what is left of Nokia, and not by Microsoft. That could also mean that the device would not actually run Windows of any sort.
We have reached out to Daniel for clarification on the rumor, but have yet to get a response. Perhaps we'll find out more next week.
source: @Daniel Rubino