LG's also joining the luxury watch game, though its entry isn't quite as expensive as Apple's. Meet the US$1,200 Watch Urbane Luxe.
Made in partnership with Reeds Jewellers, the watch has an alligator leather watch band, with 23-karat gold and is housed in a piano-gloss lacquer case.
Inside, it sports a 1.2GHz Qualcomm Snapdragon 400 processor, a 1.3-inch display and 512MB of memory with 4GB worth of storage. The watch is expected to be out by end October.