No one wears watches anymore. That iWatch thing is gonna be a total flop.
I have nothing against Apple. We have several iPads in our home, a 27in iMac(my favorite machine), and a couple of iPhones. I just call things the way I see them. They make wonderful products, but I don’t believe they are innovating anything new and groundbreaking at the moment.
There are will be 650 million iPhone users by the end of 2015, KoRn. Surveys indicate that 20% of them intend to buy an AppleWatch. If only 10% actually do buy an AppleWatch, that will be 65 million AppleWatch sales. Assuming all of them buy the lowest priced AppleWatch, that will be almost $23 billion in sales. If only 5% come through and buy, that will be around $11 Billion in sales. No matter how you look at tit, it will NOT be a flop.
Oh, and the average retail price will be greater than that $350 minimum considering there will be AppleWatches ranging in price up to several thousand dollars. The largest single market segment at CES this year were wearable products. . . wrist wearables specifically. . . and most of the ones being shown lacked even the already announced functionality of the AppleWatch, much less the yet to be announced capabilities. None of them had anything close to ApplePay built in. . . few had the design sensibilities of the Apple offering, but were in the competitive price range of the AppleWatch low to mid range.