“Analyst Gene Munster currently forecasts sales of 10 million Apple Watches in calendar 2015 with an average selling price of $500,” Neil Hughes reports for AppleInsider. “In his latest note to investors, a copy of which was provided to AppleInsider, he advised that market watchers share his ‘conservative expectations’ for first-year sales.
“If Munster’s predictions of 10 million units sold at an average price of $500 prove accurate, the analyst believes the fledgling product category would add about 3 percent to the company’s calendar year 2015 revenue,” Hughes reports. “‘We believe that to date, there have been less than 3 million smartwatches sold in total, thus the Apple Watch will represent a significant change in the smartwatch industry,’ he said.”
“Apple has announced that its Watch will have a starting price of $349 when it launches in early 2015,” Hughes reports. “It’s expected that other models could be priced considerably higher, particularly the Apple Watch Edition model, which features an 18-karat yellow [or rose] gold case.”
Read more in the full article here.
MacDailyNews Take: Just getting this one on the record for future reference.
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