The Apple Inc. (NASDAQ:AAPL) iWatch may not be the latest must-have gadget as it’s currently rumored to be. Despite all the rumors of the tech watch featuring Siri and a flexible display design, the purported iWatch is just another accessory that connects to an iPad or iPhone.

A recently leaked video shows that the band actually allows you to connect the iPhone or iPad to it. This makes it even easier to take everywhere. And as with all Apple Inc. (NASDAQ:AAPL) products, the iWatch will set the buyer back at a steep $249.

Apple iwatch

Apple Inc. (NASDAQ:AAPL) has yet to confirm this rumor.

For months, there have been numerous rumors and speculation regarding the purported device. There were rumors that the iWatch would essentially be a smaller version of the iPhone and it could feature voice activation and a touch screen. There were also numerous rumors that the company’s biggest rival Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930) may have a smart watch in the near future.

If the rumor of Apple Inc. (NASDAQ:AAPL) actually creating a smart watch was true, it would be interesting because it seems that most people have already replaced their watches with smartphones. But if the current rumor is true and the iWatch is essentially just an accessory for the iPhone or iPad, there will be some disappointed Apple fans.

About a month ago, CNET posted their dream list of features which included long-lasting battery life, the ability to play music, call screening, notification alert, health tracking program, second screen connectivity that utilizes applications, and more.

No matter what product Apple Inc. (NASDAQ:AAPL) releases, it should meet the needs and expectations of their loyal fan base. Apple has already captured the interest of tech consumers but it’s not something they should take for granted. As Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930) proved, it might all it takes is another similar great product to create competition.

Happy April Fool’s Day!