When iPod creators Tony Fadell and Matt Rogers left Apple to start their own company back in 2008, many thought the two would work on a next-gen music player. Instead, they reveal the Nest, an intelligent (and rather stylish!) thermostat.

The company says the thermostat will slash household heating and cooking bills by up to 10-35% by "learning" customer habits-- if the user turns the thermostat to the same temperature at the same time for a few days in a row, it will start turning up heaters to the same temperature at the same time automatically.

Meanwhile six far-field sensors detect human presence through temperature, ambient light, humidity and motion-- turning heating (or air conditioners) down if noone is around.

Temperature control comes through either the rotating outer ring or wifi connectivity (allowing one to adjust thermostat settings via internet-connected devices).

Finally, the company claims installing a Nest thermostat will take all of 20 minutes, and should start shipping from November.

Go Nest