Moto 360 watch price, release date has been anticipated to be announced at the Google I/O developer conference last week but according to IT Pro Portal, the official release date wasn't established. Instead, Google only confirmed that the Moto 360 would be out later in the summer. Reportedly, a source who spoke to Phone Arena said that the Android wear gadget will arrive together with the Moto X+1.

Reportedly, Moto 360 will be sold via Moto Maker. According to VR Zone, most likely, users will be able to personalize their smart watch by choosing from various wristband options such as leather, metal or rubber. It is also speculated that stainless steel or "black" body configurations might be an option to tweak its design.

The smartwatch which doesn't feature a USB port has a "secret" charging method teased by Motorola earlier this year. According to Tech Radar, the company recently confirmed that the Moto 360 charges wirelessly via magnetic induction. Motorola's Andoid wear photos reveal the rear of the watch features a strange purple backing. It is speculated to be used for the Qi charging method.

Rumor suggests that the Moto 360 watch screen is a custom-made OLED display. Reportedly, OLEDs consume as much as 40% less power when displaying black images vs LCDs because they can turn off individual pixels. The opposite is true for battery-draining white backgrounds.

Online Tech Advisor expects it to be "protected by sapphire glass, a custom-made OLED display, a mostly black watch face screensaver so an OLED screen will help to reduce battery life consumption."

According to Tech Radar, Motorola confirmed that the Moto 360, which runs with Google's Android Wear OS, is compatible with all Android 4.3 and Android 4.4 phones and tablets that take advantage of battery-sipping Bluetooth 4.0 technology.

Motorola also casually hinted on the price of the smart gadget through the official rules of a contest, suggesting that its "average retail value" is $249.