Rumors about Apple’s  “iWatch” may indeed be more than just rumours, according to a report published by Bloomberg  Apple has “a team of about 100 product designers working on a wristwatch-like device that may perform some of the computing tasks now handled by the iPhone and iPad”

Bloomberg cited two people familiar with the matter who claimed Apple’s wristwatch team includes senior director of engineering James Foster and manager Achim Pantfoerder.

The team, which has grown in the past year, includes managers, members of the marketing group, and software and hardware engineers who previously worked on the iPhone and iPad,” Bloomberg wrote, citing its unnamed sources. “The team’s size suggests Apple is beyond the experimentation phase in its development, said the people.”

The report comes days after the New York Times and Wall Street Journal first claimed to have information on an Apple watch, which is expected to have a curved glass surface and possibly run a version of iOS. The device is reputed to already be in testing and Apple is said to have begun talks with manufacturers about the project.