“With Apple widely expected to launch a wearable ‘iWatch’ later this year, market watchers have begun to speculate exactly how many wrist-worn devices the company could sell, with one new projection pegging the device with at least 10 percent penetration among iPhone users in the first full year,” Neil Hughes reports for AppleInsider.
“With an estimated active iPhone installed base of 335 million users by the end of 2014, analyst Keith Bachman of BMO Capital Markets believes Apple could sell at least 33.5 million of a so-called ‘iWatch’ in calendar year 2015,” Hughes reports. “That figure, revealed in a note to investors this week obtained by AppleInsider, represents the analyst’s low-end projection.”
“If Apple were to somehow tap in to 15 percent of existing iPhone owners, it would mean sales of 50.3 million ‘iWatch’ units,” Hughes reports. “And if 20 percent of the projected iPhone installed base were to buy, Apple would sell 67 million units in 2015.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]