An Athlone-based businessman could be in for a windfall, as he owns the trademark for iWatch.
Daniele Di Salvo, director of software firm Probendi, registered a Europe-wide trademark for iWatch, back in 2008.
That means Apple can't name their new smart watch an 'iWatch' because the name has already been patented.
And now Probendi is looking at manufacturing its own smartwatch.
Mr Di Salvo says that iWatch was first developed as an app for his clients;