Just received it as a gift today. Since I already have a Polar hence need to sell it.
Listed Price: $1,199
Details:
http://hk.oregonscientific.com/eng/cat-Sports-and-Health-sub-Sports-Watches-prod-Ssmart-Trainer-(Black).html
As far as I know, this works perfectly with iOS and you can find the app "SSMART" in Apple Store.