“Brian Blair with Rosenblatt Securities today opines that production by Apple of its Apple Watch smartwatch has been delayed yet again, from a prior plan to start in November to now perhaps starting in January,” Tiernan Ray reports for Barron’s.
“Blair thinks this means the Watch cold formally debut, in limited quantities, by February,” Ray reports. “Blair thinks that with the watch starting at $349, the device is a ‘premium priced piece of hardware’ and that means there’s questions about how high demand will be. ‘We continue to believe the mid-tiered steel line will start in the $499 price range, with the 18k gold line starting in the $999 price range,’ he writes.”
Read more in the full article here.
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Jean-Claude Biver: ‘The Apple Watch cannot compete at all with European watches’ – September 15, 2014
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I know the analysts have to say something but how do you speculate about a product with no forebears?
They’re grasping at straws. You’re going to see a lot of people who never wear a watch and never would have been in the market for a watch, purchasing an Watch. Me, I like wearing a watch. It’s one of the few pieces of jewelry I wear. I’m really looking forward to getting one. Such a cool piece of technology, and it looks beautiful too. Bling me Apple!
Need to do something to help AAPL. Clearly the new product line isn’t moving the needle. Nor has the entry into China next week made any impact either. Must be Samsung’s fault? Or maybe Google?
Hmmmm, Apple announces three weeks ago that the Apple Watch “will launch in early spring”. Now here you have a boy genius telling us on October 3rd that the Apple watch has been delayed yet again for a February launch…….
On top of this ridiculous error; Apple never ever announced or suggested a November launch, more analists (sic) made these erroneous statements.
Do these guys really think were this stupid, or are they just ignorant of anything resembling the facts?