More reports surfaced Thursday that Apple's iWatch is likely to launch in October. Reuters sources are the latest to suggest such a timeframe and their information generally matches up with similar articles from Nikkei and Re/Code earlier this month. There is, however, some new information that suggests the iWatch will be shaped more like a rectangular band and not round like a traditional timepiece.

Instead, expect a 2.5-inch touchscreen display that's "slightly rectangular," according to Reuters. The watch will also be arched, likely to fit around a wrist, and use a touchscreen from LG. From that description it sounds like the iWatch's general design will be similar to that Samsung's Gear Fit wearable band, which looks like this:

Gear_Fit_Orange_04

Reuters says Quanta is producing at least some -- perhaps up to 70 percent -- of the product line for Apple(s aapl), which is expected to ship 50 million units in the first year. That sales expectation has also been suggested prior. Unlike Samsung's current smart watches, the iWatch will have wireless charging capabilities, a source told Reuters. It's not clear yet if Apple's smartwatch will run third-party apps although it would be unsurprising to see health-tracking apps for it as Apple has included a new Health app in iOS 8 which can receive data directly from wireless devices.