“Analyst Horace Dediu expects the average selling price (or ASP) for the Apple Watch to be $400 in its first 12 months of sales,” Adam Rogers reports for Market Realist. “Dediu also projected Apple Watch shipments to reach 21 million units in the first 12 months, generating revenues of $8.4 billion.”
“Analyst Ben Bajarin of Creative Strategies said that Apple Watch will move more than 100 million units by 2017,” Rogers reports. “This number is overwhelming, considering that IDC (International Data Corporation) estimates Apple Watch shipments of 45 million units in 2019.”
“While projected shipments of Apple Watch tend to fluctuate, Apple Watch will still account for a major portion of Apple’s revenues in the next few years,” Rogers writes. “If iPhone sales don’t grow at an unprecedented rate, the smartwatch business segment could drive Apple’s revenues in the future.”
Read more in the full article here.
MacDailyNews Take: Apple Watch is Apple’s most successful product debut ever.
SEE ALSO:
Juniper: Apple Watch has already cornered the smartwatch market – January 12, 2016
Apple COO: ‘Apple Watch marks the end of single-function wrist devices’ – January 7, 2016
Fitbit either doesn’t understand Apple Watch or hopes consumers won’t; neither is good for the company – January 6, 2016
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Strategy Analytics: Apple Watch sells 4.5 million units in Q315, takes 74% global smartwatch market share – October 28, 2015
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Apple Watch already dominates smart-wearables market, says IDC – August 28, 2015
IDC estimates Apple sold 3.6 million Apple Watch units in Q2 – August 27, 2015
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U.S. wristwatch sales post biggest drop in seven years after Apple Watch debut – August 7, 2015
Apple Watch dominates smartwatches with 75% market share – July 28, 2015
Juniper Research: Apple is world’s #1 smartwatch maker – July 23, 2015
Canalys: Apple ships 4.2 million Apple Watches in Q2 to become world’s top wearables vendor – July 21, 2015
Apple Watch satisfaction is unprecedented at 97%; beats original iPhone and iPad – July 20, 2015
Non-techies love their Apple Watches even more than tech users – July 20, 2015
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