Hi Debih,
Looking through the decsriptions and FAQ, it does work with the iPhone but only the time, the Pedometer and the distance warning work with an iPhone. The rest of the apps work with Android.
I'm guessing that if they made it work with the iPhone then they would be sued off the planet.
Delivery is 15-35 days, experience shows that from China it's likely to take 20 - 35 days so I'm not waiting with baited breath. I expect it will be one of these part finished things which sort of does the work. But so long as it tells the time, warns me when I get a text or a mail and warns me when I've left the phone lying on a desk (constant problem), I'll be reasonably happy with it.
It's more of a gimmick for me and at the price, not very expensive to buy and play with. I'll let you know how I get on.
My other watches are Timex (battery expired and strap broken),
Casio which now has a broken winder and a cracked glass and a cheap Lorus which I'm using today.