“Any argument that the Apple Watch segment is too small or that the product is not needed is one which time and again has proven to be totally erroneous when it comes to Apple products,” Ophir Gottlieb blogs for Capital Market Laboratories.
“I don’t own an iPhone, iPad or iPod. I never have owned any of them,” Gottlieb writes. “I’m not an Apple fan boy.”
MacDailyNews Take: Our condolences, Ophir.
“Apple creates want better than any firm ever, and then sells to that want better than any firm ever. It has created as strong a brand loyalty as any firm ever, and through the generations of products has an immense base of customers that continues to grow at double digits even at already staggeringly high numbers. The Apple Watch builds right on top of the Apple ecosystem,” Gottlieb writes. “The Apple Watch could take AAPL past the one trillion dollar market cap level…”
Full article here.
[Thanks to MacDailyNews readers too numerous to mention individually for the heads up.]