“KGI analyst Ming-Chi Kuo said he expects Apple Watch shipments will grow 20-30% year-over-year in 2018 to 22-24 million units, up from 18.5 million units in 2017,” StreetInsider reports.
“Kuo is positive on the business momentum of Apple Watch in the next several years,” StreetInsider reports. “He said under a best-case scenario, annual shipments of Apple Watch will top 40-50 million units within three years.”
“The analyst also notes LTE Apple Watch demand is better than expected,” StreetInsider reports, “accounting for 60-70% of new model shipments in 2017.”
Read more in the full article here.
MacDailyNews Take: YKBAWID.
The Apple Watch is going to flop. — Mark Wilson, March 2, 2015
SEE ALSO:
Ming-Chi Kuo: Apple Watch Series 4 to feature new design with 15% larger display, longer battery life – March 27, 2018
Apple Watch dominates smartwatch market – March 1, 2018
Apple’s line of smartwatches outsold the entire Swiss watch industry last quarter – February 12, 2018
Apple Watch sets new all-time record for wearables shipments; ‘Apple has won the wearables game’ – analyst – February 7, 2018
Apple Watch sales momentum is growing; unit sales now rival those of Macintosh – January 23, 2018
Apple Watch Series 3 shipments predicted to rise to 23-25 million in 2018 – December 14, 2017
Apple Watch: The war for wearables is over, and Apple won – December 12, 2017
Canalys estimates Apple shipped 3.9 million Apple Watch units in Q317, despite strong demand outstripping supply – November 14, 2017
Two weeks with Apple Watch, leaving iPhone at home – November 10, 2017
When Apple Watch surpassed iPod – November 8, 2017
I love my Series 3 SS LTE Apple Watch. At this point it would be hard to live without it.
Please stop Ming, you pull these numbers out of thin air and you will be the first to say how sales disappoint when numbers are not reached.
Once again setting AAPL up for failure
Here we go again. Why should anyone believe some jackass analyst? This sounds just like a repeat of the original AppleWatch sales estimates. It’s for certain that he’s the only one on Wall Street thinking this is even remotely possible. The rest of Wall Street is too busy dumping Apple stock thanks to Apple’s failure to win over schools with iPads or as Microsoft likes to put it, computers that aren’t computers.
Amazon will easily dominate in education by selling schools $100 Kindle tablets with unlimited storage and content. That will cause Amazon to reach $1T market cap long before Apple gets back to $175 a share. Some CEOs know how to win and others only know how to lose.
The iPad will never win in schools in my opinion and will be shocked if it ever does. A MacBook with a couple of ports for $499/$599 would’ve been a great deal. Apple is wasting time with the iPad.
YTFAYTA?
As much as I like my Apple Watch it’s not currently a must have device for me. The iPhone allows me to do so much stuff that I would be hard pushed to adapt to doing without and I gladly upgrade it regularly. The Apple Watch is very good at some things, but it’s weak in other areas, non-existent in others, and some I’m just not bothered about. The simple fact is that with a display the size of a watch there are a lot of things you just can’t do. It’s very good and I use it regularly, but if it dies/breaks I’m not sure I’d rush out to replace it. It’s certainly not something I’m going to want to upgrade every couple of years in the same way I do my phone.