"Apple’s flagship stores will have safes to house the more expensive, gold ‘Edition’ variants of the upcoming Apple Watch,” 9to5Mac said.

The reports suggest that custom-designed safes will be installed in the Apple Stores.

Meanwhile, another reports said that Apple Watch will have similar battery life as other Android Wear devices in the market.

Apple is hopeful that the watch can run for 19 hours, combining active and passive use, the report said. Apple Watch can last through two to three days in standby and low-power modes.

However, if the watch is used strictly as a timepiece and the screen is on at all times, then the battery will die out after three hours or so.

The CPU inside the watch is more or less equally as powerful as the A5 chip that powered the iPhone 4S and iPad 2, and remains in the current-generation iPod touch, the report stated.

Apple Inc has taken the number one luxury gifting spot in China from designer goods maker Hermes International SCA, according to a Hurun luxury report on Thursday, reflecting the iPhone maker's recent hot streak in the country.

The U.S. tech firm's focus on glitzy stores and high prices helped it post a 70 percent rise in sales in China in the last three months of 2014 and powered the company to the largest profit in corporate history.
Spending on gift-giving overall dropped 5 percent in 2014, after a 25 percent drop the year before, according to the Hurun Chinese Luxury Consumer Survey. Beijing has been cracking down on corruption and luxury spending among public officials, weighing down sales of premium liquor to handbags.