Gadget watchers are now rounding up the details pertaining to the release of the highly anticipated Apple Watch in Spring 2015.

The Cupertino-based company announced the arrival of its first wearable device during its press conference last September alongside the reveal of iPhone 6 and iPhone 6 Plus, but it won't hit store shelves sooner than expected.

According to earlier reports, Apple Inc. is planning to roll out the sales of the wearable device in time for Valentine's Day next year after it failed to begin the public distribution in time for the 2014 holidays. The delay is allegedly caused by several problems with the software development.

But MacRumors reported that the production of the Apple Watch is already well on its way, as the chip suppliers for the device has already began to gear up to produce the much-awaited device. According to sources from Digitimes, the tech giant reportedly ordered around 30 to 40 million units of chips for the Apple Watch.

The device will use the company's exclusive custom designed system-in-package (SiP) chip that acts as a complete computer system in a very tiny single chip.

To please the eagerly waiting customers, Apple constantly releases images of the device and shows screenshots of different functions of the upcoming product. The company also launched WatchKit in October, to encourage third-party developers to create apps for the wearable device.

Since this is the first venture of the company in the wearable device market, there are high expectations from the analysts and gadget watchers.  Even Apple co-founder Steve Wozniak is weighing his opinions about the soon-to-be released product.

"In appearance and functionality, [the Apple Watch is] kind of different, so I will give it a try when it comes out," claimed Steve Job's former partner. "I won't prejudge it. I don't know if it's going to last long for me -- which means forever -- or not. I would be very disappointed if the battery life was too short."