“Analysts have begun predicting how many watches Apple will sell as the wearable’s April release date nears,” Julia Love reports for The Mercury News.
“In a report published yesterday, CCS Insight forecast that Apple will sell 20 million watches by the year’s end. Although that analysis assumes that just 7 percent of people who own iPhones compatible with the Apple Watch will take the plunge, that adoption rate would be enough to put Apple at the top of the nascent smartwatch market, the research firm wrote,” Love reports.
Love reports, “‘This highly anticipated smartwatch will create a frenzy of demand, catapulting it almost instantaneously to be the most successful smartwatch ever,’ the report reads. ‘The current love affair affluent US consumers have with the iPhone guarantees a strong start for the Apple Watch in its home market.'”
Read more in the full article here.
Related article:
Apple Watch, the world’s first real smartwatch, will be a massive hit – September 9, 2014
Gee: that was a tough call (NOT!)
Captain Obvious works for the Mercury News now apparently.
Other possible responses:
– Duh!
or
– Y’ think?
Even Captain Oblivious thinks so.
Apple will have the ONLY SmartWatch!!! 😀
> Although that analysis assumes that just 7 percent of people who own iPhones compatible with the Apple Watch…
This calculation puts the number of customers with compatible iPhones (iPhone 5 and later) at about 300 million. That’s seems reasonable.
However, it does not account for new iPhones sold between now and the end of 2015. iPhone sales are growing significantly (on average). Apple sold almost 75 million in just one quarter, and that was a quarter with supply constraints. By the end of 2015, the number of compatible iPhones may be 500 million or more.
Therefore, that 20 million Apple Watch prediction for 2015 is only about 4%, not 7%. And even 7% seems ULTRA conservative. That’s about 1-in-14 potential customers buying Apple Watch. These are people who already own an iPhone; they are already enthusiastic Apple customers, typically characterized as being above average in wealth. 1-in-10 (10%) equals 50 million or more Apple Watches sold, assuming Apple can make that many by the end of 2015.
I think Apple will have 20 million in Apple Watch sales and orders (including waiting list) by the end of the first MONTH.
As Steve Jobs said in his iPhone introduction in 2007 …. there are these category of phones, they call ‘Smart Phones’, so they say, typically combining a phone, some email and sort of the baby internet, with these Plastic little keyboards on them …. etc
Current ‘Smart Watches’ RIP!!
Won’t be tough to the best selling. The others haven’t sold many to begin with, save perhaps for Pebble.
That’s hardly a high hurdle to overcome.
It’s no different to where Apple was in relation to tablets before the iPad.