After months of speculation and tantalizing rumors, we finally have more credible proof that Apple is indeed working on a smartwatch. In a new in-depth profile about CEO Tim Cook, lower-level employees of the company mentioned the device and provided some insight as to the watchs possible release date. Saying hes less hands-on than Steve Jobs in developing products such as the iWatch, people involved in the project told The New York Times that Cook delegates finer aspects of product engineering to members of his executive cabinet.