Just as I'd suspected, Apple isn't really partnering with Swiss watchsmiths on developing and producing multiple iWatch devices. That's according to Swiss watchmaker Swatch which today issued an outright denial of the rumor in the form of a statement issued to Reuters. In it, a spokesperson categorically states that the Swatch Group is not working with Apple on iWatch devices although the company has supplied components like integrated circuits to certain mobile phone makers… Reuters quotes a spokeswoman for Swatch Group who confirmed on Thursday that the rumor of collaboration with Apple was unfounded. Swiss watchmaker Swatch Group has denied a media report saying it was working with technology company Apple on a smartwatch, a wearable device with interactive functions. Swatch CEO Nick Hayek Jr. last year likened devices such as an Apple smartwatch to an "interactive terminal on your wrist." He said such gizmos make little sense to consumers due to their tiny screens.