Analysts have high hopes for Apple Watch

“Analysts and investors alike are gearing up for the highly anticipated retail release of Apple’s new Apple Watch,” Carly Forster writes for Seeking Alpha.

“Zon April 1, Citigroup analyst Jim Suva reiterated a Buy rating on Apple with a $145 price target, noting “The reason we view Apple Watch as a bonus potential catalyst is we are not impressed with the one day battery life or lack of built in GPS and look for Apple to make enhancements to eventually address these concerns, albeit likely in the second generation of Apple Watch,'” Forster writes. “The analyst believes improvements made on the Apple Watch will result in additional revenue stream.”

Read more, including Pipe

r Jaffray analyst Gene Munster’s predictions for Apple Watch, in the full article here.

MacDailyNews Take: Build in GPS and you’d be lucky to have 3-hour battery life in a device that size. If you’re going to “analyze” something, at least hew somewhat to actual reality.

27 Comments

  1. Maybe I’m wrong, but I personally think the watch will be a failure. I just don’t see a compelling reason to add a watch to my iPhone and iPad and Mac devices. Just another piece of technology to fiddle with and waste my life.

    1. Pundits Throughout The Ages:

      “The hourglass will never replace the sundial.”

      “The mechanical clock will never replace the hourglass.”

      “Only a few people will ever buy/use a pocketwatch.”

      “The wristwatch is unnecessary, we already have the pocketwatch.”

      “The digitalwatch will never catch on.”

      “The Apple watch will fail.”

      😀

    2. You are probably wrong, Gary, although you can always just redefine the term “failure” to mean a product that most companies would consider a raving success. That’s what the analysts do on a regular basis.

    3. Gary, you and I see no personal reason to get this Watch. But I do think a great many people will buy it and get great use out of it. I’m retired and happily spend most days at home using my Apple products. Every feature of the Watch I’ve seen in articles and ads leaves me scratching my head wondering why anyone would want that.

      If I was a busy person out and about all the time I might have a different view. If I was interested at all in fitness, social media, or the other things being pushed I might be interested. Such things are pushed forward as the main features and they are not for me.

      I am open to seeing why it would enrich my life. Pay is one. Handy timers is another. But I still don’t get it for me. There just isn’t that killer app or use case that I have to have that I’m aware of. We’ll see, but for now it simply is not something that says, “Buy me.”

      1. I’m pretty sure the watch is not supposed to enrich your life.

        Exercising, staying busy and productive (in contrast to staying home and using your apple products) is supposed to enrich your life.

        The watch is for people that enrich their lives doing those things, and enjoy a little technological assistsnce along their journey.

    4. Every year over a billion handsets (40% of which are smartphones) are sold. The installed base of iPhone 5, 5S and 6s is greater than 499 million (and growing). A 1% penetration of the installed iPhone base (each quarter) would make the Apple Watch wildly more successful than any wearable that preceded it.

      Just because you can’t see the value proposition, doesn’t mean that 20 million others share your viewpoint.

      1. Mac fanboy, you forgot your /sarc tag. You surely can’t be ignorant of the well-known facts of the development of the modern computer GUI. Right?

        Xerox PARC didn’t invent the mouse, Doug Englebart’s group at SRI did. PARC didn’t invent the graphic user interface using a pointing device, either. It grew out of work years previously by various researchers, including SRI, Ivan Sutherland and a host of others dating back to the mid-60s.

        Xerox traded Apple’s access to PARC’s UI ideas for stock, which netted them a nice amount when they later sold it. Apple’s shipping product, GUI included, had ideas and features not envisioned by PARC (or most previous developers, for that matter).

        Speaking of “shipping product”, a number of PARC developers left Xerox to go to Apple; they really wanted to see their ideas ship to the commercial and educational marketplace, and PARC just wasn’t doing that. (Xerox did later, a day late and dollar short, for the most part.)

      2. I love it when the willfully ignorant crawl out from under a rock and pull ye olde trolls myths from the last century.

        The entire history of Xerox Star and Alto as well as the design of the Apple Lisa & Macintosh GUIs is up online for the WORLD to read. Go do it. I’m not going to help you, kiddies. 😛

    1. What are you smoking? You do see how GPS sucks the life out of the iPhone battery. And it’s got a lot more space for a battery than the Apple Watch. Get real!

Reader Feedback

This site uses Akismet to reduce spam. Learn how your comment data is processed.