“The beauty of Apple, from an investor’s point of view, is that they have, over the last fourteen years created new gadgets that have each become almost a necessity in our lives,” J. M. Manness writes for Seeking Alpha.
“For over a year now we have been hearing rumors of a forthcoming iWatch,” Manness writes. “We hear rumors of sapphire displays, curved displays, biometrics, health sensors and more. While evidence mounts for some of these rumors, we are all unsure as to what it will bring, if it comes at all.”
Manness writes, “I think the iWatch will be a gadget whose added value is mostly a novelty. Of course some may want it as such, but for the average person, it will never be that desired… iWatch really has a short term potential of adding a mere 3% to Apple’s revenues and profits.”
Read more in the full article here.
MacDailyNews Take: Limb, meet J. M. J. M., meet limb. iCal’ed.