Apple confirmed rumors today by officially announcing the existence of the Apple Watch. Much like similar wearable tech gadgets like Samsung’s Galaxy Gear, the Apple Watch must be synced to an iPhone to work. As just announced, it’ll be compatible with the new iPhone 6 and iPhone 6 Plus, but also with the last generation of iPhones (iPhone 5, iPhone 5S, iPhone 5C). The Apple Watch will start at $349 and will be available in early 2015.

As stated, the Apple Watch will work as a complementary device to users’ iPhones. The Apple Watch has a built-in gyroscope to help with GPS and movement detection, a heart rate sensor for fitness fans, and a new “Taptic Engine” that will allow the watch face to read gestures, allow movement through screens and menus, and more (such as drawing quick doodles to send to friends).

The watch itself comes in two different sizes, three different finishes, and six different straps to further customize the device for users (some of which can be seen in the gallery below). Honestly, I see no point in wearable tech that are required to sync to phones; why not just pull your phone out of your pocket? Granted, using your watch to do things is pretty cool and secret agent-like, but really… is it worth the extra $350 on top of the $200+ you’re spending on a new iPhone 6? We’ll be hearing more about the Apple Watch from now until the device’s release in early 2015.

[Images via Mashable]