During Apple's Keynote Conference Launch in California on Sept. 9, the Cupertino-based tech titan unveiled the Apple Watch, its first attempt at the smartwatch market.

Jony Ive, Apple's Senior Vice President of Design, stated that the process of creating the wearable device was challenging.

"It's probably one of the most difficult projects I have ever worked on," said Ive.

Although the Apple Watch came after the competing smartwatch products from Samsung and Motorola, Ive said that the idea of smartwatch technology has been buzzing around Apple headquarters for about three years now.

The Apple Watch provides convenience for people who love to travel or workout, since it enables users to access simplified applications and check Facebook updates in an instant.

The device features a touchscreen with retina display, a special S1 SiP chip, a built-in GPS, and Bluetooth 4.0. The smartwatch comes with different applications, such as iMessages, Health, Calendar, Mail, Apple Maps, and Passbook that includes Apple Pay.

The Apple Watch will be compatible with iPhone 5, iPhone 5c, iPhone 5s, iPhone 6, and iPhone 6 Plus.

The smartwatch from Apple is available in two sizes, 1.5 in and 1.65 inch, and comes in four colors- silver aluminum, space black stainless steel, space gray aluminum, and stainless steel.

Beyond that, Apple offers special editions and sport versions of the Apple Watch. The special edition versions come in 18-karat yellow gold or rose gold, while the sport version does not come with metallic bands.

The Apple Watch is speculated to be released either on the first or second quarter of 2015, for the price of at least $349.

Meanwhile, in the United Kingdom, experts have warned that people caught using the Apple Watch while driving will face penalties that are similar to those caught using mobile phones behind the wheel.

Motorists using a mobile phone or a smartwatch will be charged with a £100 fine and three penalty points on-the-spot if the motorist appears to be distracted by the device, and up to two years in prison if a fatal accident happens as a result.