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Apple can Sell 10M iWatches in First Year

Apple is expected to launch its wearable wrist device called iWatch next year that is predicted to hit 10 million units sales mark in first year.

Oct 7 2013, 10:21am CDT | by

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Apple can Sell 10M iWatches in First Year
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Apple can Sell 10M iWatches in First Year

This is the high time for Apple. Tech giant's new iPhone sales hit record numbers. Apple beats rival Samsung in US smartphone market with its new iPhone 5S and iPhone 5C. It is also the one company that holds 10% of all US corporate cash. And now a new poll predicts that Apple's wearable device, iWatch, could hit a 10 million sales mark during first year of its launch. And this suggested number is based on only those 4% iPhone owners that would be the early adopters of Apple's much rumored iWatch device expected to come next year.

According to AppleInsider , investment firm Piper Jaffray has taken opinions of 799 U.S. Apple consumers. Based on his survey, 2% to 4% iPhone owners are interested to buy iWatch. Apple's iPhone user number is currently estimated to be 293 million. It means that the company can sell 5 to 10 million iWatch devices during first year of its launch.

Tech analyst Gene Munster has asked these respondents that they would be interested in buying a $350 iPhone-connected “iWatch." 12% are interested to buy an Apple wrist watch device. He said, "While we do not view the watch as a likely needle-mover for Apple in terms of revenue in 2014, we put it in a similar category as the television in that it could demonstrate Apple’s ability to innovate (good for the multiple) and potentially lead to a more meaningful new product category in wearable tech." 

But analyst Wang Wanil of CIMB Securities Limited predicted very high sales number for iWatch. He said that Apple can ship 65 million iWatches in first year of its launch. But his speculated price is $199 which is lower than Munster.

It is widely speculated that Apple will launch its all new iWatch device in early 2014. Rumored features of iWatch include 1.5- or 2-inch touchscreen panel and biometrics support. It can also work as a pedometer, heart rate monitor and more.


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Update: 11

Apple Hires Two Former Nike Tech Experts To Help With iWatch

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Apple making moves prior to iWatch release. ...
Source: Complex   Full article at: Complex 1 hour ago


Update: 10

IWatch watch: Apple hires former Nike engineers

Source: CNBC

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The hiring report on the MacRumors website is fueling speculation about Apple's plans for an iWatch ...
Source: CNBC   Full article at: CNBC 3 hours ago

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Update: 9

Here's The Weird Thing About Apple's iWatch Team (AAPL)

Source: Business Insider

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Apple has hired another two new people from Nike's Fuelband group to work on its iWatch. This is in addition to the Tag Heuer executive it recently poached to run marketing for the iWatch.  Anonymous tweeter Sammy The Walrus IV noted the strange timing of these hires on Twitter, saying: Apple continues to hire somewhat senior people for the iWatch team - a product supposedly to be announced in three months. Interesting. — Sammy the Walrus IV (@SammyWalrusIV) July ...
Source: Business Insider   Full article at: Business Insider 4 hours ago

Update: 7

Apple Poaches Two More People From Nike To Work On The iWatch (AAPL, NKE)

Source: Business Insider

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Apple has reportedly hired two more engineers from Nike's Fuelband team to work on its long-rumored iWatch, which is expected to debut in the fall. Ryan Bailey and Jon Gale were picked up by Apple in June, as 9to5Mac originally spotted on their LinkedIn profiles. Bailey previously worked in product development at Nike and played a role in testing and improving the Fuelband. Gale, who was just brought on as a sensing systems engineer at Apple, worke ...
Source: Business Insider   Full article at: Business Insider 4 hours ago

Update: 6

Apple makes new moves as it prepares to attack wearables

Source: BGR

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Last month, Apple made two key hires as it continues to bolster its team of wearables experts ahead of its highly anticipated iWatch launch, which will undoubtedly be the first of many wearable devices Apple will release in the coming years. After Nike recently discontinued its FuelBand product line, stating that it will instead focus on software, several members of the 80-person FuelBand team were let go. Now, as 9to5Mac reports, two of them have joined Apple. Cont ...
Source: BGR   Full article at: BGR 5 hours ago

Update: 5

Apple hires two engineers from former Nike Fuelband team

Source: MacNN

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Two former Nike Fuelband engineers have jumped ship to join Apple, presumably to lend further support to the company's expected "iWatch" health and fitness device, according to discoveries made on the pair's LinkedIn profiles. Both hardware engineer Ryan Bailey and sensor software expert Jon Gale started with Apple last month, just two months after Nike gutted its own Fuelband team and essentia ...
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Update: 4

Apple Hires Two Former Nike FuelBand Engineers, Possibly for iWatch Team

Source: Mac Rumors

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Earlier this year, Nike significantly downsized its FuelBand team, firing several members of the 80-person team that worked to create its well-known fitness tracker as part of a shift from hardware to software. Apple snapped up two of the former FuelBand team members in June, Ryan Bailey and Jon Gale. As noted by 9to5Mac, Bailey, who served as a Senior Test and Validation Engineer at Nike is now listed as a Mechanical Design Engineer at Apple, while Gale, who was a Senior Firmware En ...
Source: Mac Rumors  Full article at: Mac Rumors 19 hours ago, 4:40pm CDT

Update: 3

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<a href="/latest_stories/all/all/20" rel="author">Sumayah Aamir</a>
Sumayah Aamir (Google+) has deep experience in analyzing the latest trends.




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