[SunkenCiv]

7 Million Apple Watch Orders Received, According To Analyst (Lies) s/b 7 Million Apple Watch Orders Received, According To Analyst.

• The Apple Watch is gearing up to be Apple's most successful product debut.

[Up Yours Marxists]

Lies.

This analyst from KGI has skin in the supplier game and has been accurate for years:

http://bgr.com/2015/05/20/apple-watch-sales-projection-kgi/

He says demand is down and they’re dropping projected sales like a rock. Sounds like some “ObamaCare” number fudging going on.

Assuming they realistically only sell 10 million units at an average profit of $200 a unit, they’re only going to recover half of their $4B+ they spent developing and marketing it. Not sure what world your Apple groupies are living in, but in the NASDAQ world that’s what we call an epic launch failure.