Bloomberg reports that Samsung's long-rumored smartwatch is a "wristwatch-like smartphone" that will launch on September 4th. The news source specifically points to the Android-powered device being able to "make phone calls, surf the web, and handle emails." As previously indicated by a trademark filing, Bloomberg expects the device to be named the Samsung Galaxy Gear.

The report implies that the device will operate independently of your smartphone, but it's entirely possible that the site's anonymous sources are in fact pointing to a companion device that will connect to your smartphone to place calls and access data services.The watch is unlikely to have a flexible display. The Samsung Galaxy Gear is expected to launch on September 4th at the company's press event in Berlin.