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Apple advises that "When in a Pool Swim or Open Water Swim in the Workout app, water may prevent a heart rate measurement, but Apple Watch will still track your calories using the built-in accelerometer."
You may wish to contact Apple Support for further clarification, taking advantage of your initial 90 days of complimentary telephone-based technical support:
- Contact - Official Apple Support
- https://twitter.com/applesupport
- http://www.apple.com/retail/geniusbar/
More information: