Re/code is claiming that Apple will charge around $400 for the new wearable, which will reportedly ship next year.
As Apple's big day approaches, more details are leaking about the company's first ever wearable, the iWatch. Re/code has been firing a round of rumors as of late, and the latest one is about the price. John Paczkowski of Re/code is claiming that Apple will charge around $400 for the new wearable, which will reportedly ship next year.
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Sources added that Apple will also offer a range of prices for different models of the wearable. That means that Apple will be launching not just one, but many wearables, creating a profitable new product line-up. Apple has declined to comment on the report.
$400 is a bit high when compared to Samsung's 300-dollar wearables. But Apple fans will have no problem buying it. Research firm IDG is expecting the wearable market to triple this year. That appears to be the case. Last week, Samsung announced its Tizen-operated Gear S. LG also revealed the circular G Watch R last week.