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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

11 Updates
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

Trouble at TPK may hint at iWatch production issues

Source: MacNN

Changes in profit forecasts at TPK may signal delays in iWatch production, reports suggest. Taiwanese publication UDN notes that TPK -- thought to be making touch modules for the iWatch -- has pushed back a predicted third-quarter profit surge into the next quarter. Since suppliers often experience such surges in association with Apple orders, it could mean that iWatch production has suffered setbacks. TPK also provides touch components for devices like the iPh ...
Source: MacNN   Full article at: MacNN 22 minutes ago


Update: 10

REPORT: The iWatch May Be Delayed To 2015

Source: The Business Insider

Taiwanese newspaper UDN last Thursday said Apple supplier TPK, which has reportedly been tapped to build parts for Apple's upcoming smartwatch, has “revised” its predictions of a profit spike in the third quarter, pushing back that surge by about three months.  According to GforGames (via AppleInsider), which first discovered the UDN report, this pushback could mean Apple’s iWatch is suffering from delays. Apple’s highly anticipated smartwatch, which ...
Source: The Business Insider   Full article at: The Business Insider 57 minutes ago

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Update: 9

Rumored iWatch Supplier TPK's Q3 Forecast Falls Flat Amid Reports of Production Issues

Source: Mac Rumors

Details discussed during a recent earnings conference call by Apple supplier TPK Holdings suggest the production of the iWatch is behind schedule, reports UDN via GforGames. According to earlier rumors, the iWatch may debut in late 2014 with the latest report claiming it will launch alongside the 5.5-inch iPhone 6. Based on reports from Asian sources, TPK executives spent a portion of the company's Q3 2014 earning conference call explaining why ...
Source: Mac Rumors  Full article at: Mac Rumors 2 hours ago

Update: 7

Uh-oh: New report claims iWatch production has definitely been delayed

Source: BGR

Samsung has released five different smartwatches in the last year alone, but Apple is apparently struggling to just get one out the door. G for Games points us to a new report from Taiwan's Economic Daily News claiming that mass production for the iWatch has been delayed and that the device won't release ...
Source: BGR   Full article at: BGR 2 hours ago

Update: 6

Apple TV Updated with CNBC and FOX NOW Channels

Source: Mac Rumors

Apple today added two more channels to the Apple TV, delivering financial news channel CNBC and network FOX NOW to the platform. CNBC offers access to a live stream of the financial channel, as well as on-demand clips from news segments and full episodes of the channels "Prime" content original series. Viewing requires authentication with one of a number of cable and Internet providers. FOX NOW includes on-demand access to a number of shows from the network, includ ...
Source: Mac Rumors  Full article at: Mac Rumors 2 hours ago

Update: 5

Rumor: 'iWatch' production hits snags, will not begin until Q4 2014

Source: AppleInsider

Executives at longtime Apple supplier TPK -- thought to have been selected by the iPhone maker to manufacture touch modules for the so-called "iWatch" -- are said to have revised earlier forecasts for a profit uptick in the third quarter, pushing the expected surge back by three months in what is seen as ...
Source: AppleInsider   Full article at: AppleInsider 3 hours ago

Update: 4

Apple 'sapphire glass' fronts for iPhone 6? It's NEWS to SUPPLIERS

Source: The Register Hardware

Analyst: iThing factories can't make 'em without components Several Apple analysts have speculated over the past few months that the next iPhone and perhaps even the near-mythical iWatch will use super-tough ...
Source: The Register Hardware   Full article at: The Register Hardware 3 hours ago

Update: 3

Apple Launches Retina MacBook Pros with Faster Haswell Processors, More RAM Standard

Source: MacRumors

As indicated over the weekend and yesterday, Apple today launch refreshed 13-inch and 15-inch Retina MacBook Pros.The new notebooks feature faster versions of Intel's Haswell processors, as all 13-inch models now come with 8GB of RAM standard while all 15-inch models now feature 16GB of RAM. New models include: 13-inch: - $1299: 2.6 GHz dual-core i5 processor, 8 GB RAM, 128GB of flash storage - $1499: 2.6 GHz dual-core i5 processor, 8 GB RAM, 256GB of f ...
Source: MacRumors   Full article at: MacRumors 7 hours ago

Update: 2

iPhone 6 5.5-Inch Model and iWatch to Launch in December: Report

Source: NDTV

Apple's supply chain sources have claimed that the alleged 5.5-inch iPhone 6 and the long-rumoured iWatch will be launched i ...
Source: NDTV   Full article at: NDTV 11 hours ago

Update: 1

When will it happen? New rumor suggest iWatch and 5.5-inch iPhone 6 coming in December

Source: Digital Trends

A new report from China says Apple may release the 5.5-inch iPhone 6 and iWatch in December. The leaker claims supply chain sources have confirmed the date. The post When will it happen? New rumor suggest iWatch and 5.5-inch iPhone 6 coming in Decembe ...
Source: Digital Trends   Full article at: Digital Trends 19 hours ago, 4:25pm CDT

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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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