Apple collaborating with Panerai for "iWatch"?

Saw this on Twitter. No idea if it's legit. The poster worked at Apple as an intern for 3 months in 2011.

@shewu19: insider sources tell me that the iWatch design will be a collaboration between Jony Ive and Panerai...stay tuned

Original Message:

I've always felt Apple would never design something they wouldn't wear themselves and Jony Ive does wear very expensive luxury watches. When I look at the Moto 360 it reminds me of those home makeover shows where the designer was given $1000 and their job was to make something look luxury on the cheap. I don't see Apple doing this. So either they will partner with a luxury watch maker or what they design will not try to look like a luxury watch at all.