“Analyst Amit Daryanani of RBC issued a note to investors on Monday, indicating that strong demand for the Apple Watch after preorders began on Monday will translate to blockbuster sales,” Neil Hughes reports for AppleInsider.
“His forecast calls for Apple to sell between 3 million and 5 million units in the June quarter — numbers he said Monday are ‘reasonable’ expectations with the immediate sell-out of preorders,” Hughes reports. “For the first year of Apple Watch sales, Daryanani sees Apple moving between 15 million and 20 million units.”
“Earlier, Timothy Arcuri of Cowen and Company revealed comments from retail employees who indicated that nearly all try-on appointments for the Apple Watch have resulted in preorders,” Hughes reports. “Arcuri is more bullish on the Apple Watch than Daryanani, with a forecast calling for sales of 31 million units in the first 12 months.”
Read more in the full article here.
MacDailyNews Take: We like that Apple is sitting on the numbers. It’s smart to not give away the preorder totals and to place Apple Watch into a new reporting category called “Other products” that encompasses iPod sales and a slew of accessories, including Beats headphones and speakers, Apple TV, and peripherals and accessories for iPhone, iPad, Mac, and iPod. There’s no need to give Samsung and the other stupidwatch also-rans any useful information whatsoever.
I’m not very anxious in reporting a lot of numbers on Apple Watch… and giving a lot of detail on it because our competitors are looking for it. And so aggregating it is helpful from that point of view, as well. — Apple CEO Tim Cook, October 20, 2014