Timex has launched a new watch that can interact with the Apple iPod. While a lot of gadgets already have this ability, the new Timex Ironman iControl does have something unique up its sleeve: it can interact with iPods wirelessly.

The watch apparently comes with a receiver that lets users command iPods to play or pause, raise or lower volume and skip between tracks. The iControl can also reportedly interact with iPhones, but this feature requires switching the iPhone into Airplane Mode.

On the non-music side, the iControl can store up to 50 laps in its built-in memory and can store a training log with the current date, best lap and average time. It's water-resistant up to a depth of 328 feet and is available in pink, blue, green, orange and gray/black. It should be in stores today with a suggested price tag of US$ 125.