“Cantor Fitzgerald made quite a statement about the Apple Watch last week,” Louis Bedigian reports for Benzinga. “It appears other analysts agree. Global Equities Research analyst Trip Chowdhry referred to these products as “launch and forget” devices. They receive a ton of hype at launch, but people quickly forget about them and move on. Apple doesn’t have the mindset of ‘launch and forget,'” Chowdhry told Benzinga. ‘[The] iPhone 6 was launched in September — four months later we still talk about it.’ Chowdhry estimated that the Apple Watch will be Apple’s “most successful product.”
“‘[It] will break all the previous records,’ Chowdhry said confidently. ‘Why are we so convinced? We have attended numerous WatchKit hackathons. We have seen the potential of WatchKit and the Apple Watch platform. We have seen where the competition got it completely wrong,'” Bedigian reports. “IHS Technology senior analyst Daniel Gleeson expects Apple to produce a ‘relatively conservative’ number of Apple Watches at launch. ‘That’s always been their play — to undersell at the start and see where it goes,’ Gleeson told Benzinga. ‘If you look at iPod or iPhone, that’s been the way they do business.'”
“The comparisons might end there, however,” Bedigian reports. “‘In terms of the different price points, I think that will show you that Apple sees the Apple Watch as a very distinct category,’ said Gleeson. ‘And a very distinct product from anything else they do. [A product] that doesn’t follow the same rules as phones or tablets or PCs.'”
Read more in the full article here.
[Thanks to MacDailyNews Readers “Dan K.” and “Sarah” for the heads up.]