A drawing from Apple's patent application could give clues to the rumored iWatch device. U.S. Patent and Trademark Office hide caption

itoggle caption U.S. Patent and Trademark Office

A salesperson demonstrates the Apple iPhone 4 in New Delhi, India. While mobile device use is growing rapidly in emerging markets, Apple's current product line may prove prohibitively expensive for many consumers. Manish Swarup/AP hide caption

itoggle caption Manish Swarup/AP

In this Oct. 20, 2012 photo, people line up to enter a newly opened Apple Store in Beijing. Exxon has once again surpassed Apple as the world's most valuable company after the iPhone and iPad maker saw its stock price falter. Andy Wong/AP hide caption

itoggle caption Andy Wong/AP

Steven Sinofsky introduces a new Microsoft tablet computer and Windows 8 software to the media in Shanghai on Oct. 23. The former president of Microsoft's Windows division has since left the company. AFP/Getty Images hide caption

itoggle caption AFP/Getty Images

Apple announced Monday that two top executives who had presided over missteps at the company, including the Maps software, are leaving. Lukas Barth/dapd hide caption

itoggle caption Lukas Barth/dapd

The new iPad Mini is displayed after its unveiling at an Apple event in San Jose, Calif., on Tuesday. Kevork Djansezian/Getty Images hide caption

itoggle caption Kevork Djansezian/Getty Images