revenue of approximately $3.5 Billion
******************
How much profit is that? How many unit sales until breakeven?
Is this a useful product yet or just arm candy for people with an AAPL addiction? I understand it tells time reliably as long as the battery lasts (a day maybe?) but what can it do without being tethered to it’s parent device? When will AAPL come out with a “watch” with a 4” or 5” screen so you can read texts and e:mails?
It is quite useful. I find I don't have to dig out my iPhone as frequently as I once did to find out if I need to answer a call or respond to a text. If I do need to answer a phopne call or make a quick response to a text message, I can often handle it right on the watch. I can already read emails and texts on the Apple Watch at the size it ccurrently is.
I put on my Apple Watch in the morning and put it on to charge at around 2AM and it generally shows between 65%-70% charge remaining. l've gone 2 ½ days without recharging it with normal use and still had 20% charge remaining when I finally put it on its inductive charger.
Without being tethered to an iPhone, it can keep track of health issues such as pulse, heart condition, respiration, keep track of calories used, distance run or walked, pace, time, and location, it can play music, podcasts, and show photos, etc, that are stored on the device (several thousand tunes),. . . it just cannot receive or send calls or messages because it doesn't have the radios for those functions, nor can it pass on the health information to your doctor until it pairs again with the iPhone or a WIFI network.
As to the question of profit, Apple has stated the margin on Apple Watches is, dependiong on the model, approximately 40%. Ergo, the gross profits are approximately $1.4 Billion. . . in other words, the profits alone from the Apple Watch, which you are obviously trying to denigrate and sneer at, are greater than the gross revenues of the bottom 15% of companies on the Fortune 500! Apple stated their net tax rate was approxiimately 27% so their Net after tax profit on the Apple Watch would be a little under $1.1 Billion.