“The lack of smoke signals and reports of millions of wearable devices actually going into production have led KGI Securities to declare: ‘We believe the launch of iWatch could be postponed to 2015,'” Dan McCrum reports for Financial Times.
We reiterate our view that iWatch, as compared to existing products, and as Apple’s first attempt at a wearable device, represents a much higher level of difficulty for the company as regards component and system design, manufacturing and integration between hardware and software. While we are positive on iWatch and believe that the advantages of the design and business model behind it are difficult to copy, we think, given the aforementioned challenges, that the launch could be postponed to 2015. – KGI Securities
Read more in the full article here.
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