“Raymond James analyst Tavis McCourt today reiterates an Outperform rating on Apple,” Tiernan Ray reports for Barron’s, “and offers what he terms a ‘data dump’ on the trends for the company while the world waits for the presumed ‘iPhone 8’ this fall, and finds that the story for the moment is all about peripherals, specifically Apple Watch, the AirPods wireless headphones, and the forthcoming HomePod wireless speaker.”
Ray reports, “‘The peripheral businesses, namely Apple Watch and AirPods, appear to be strong,’ writes McCourt, ‘and initial interest in HomePod seems better than the tepid media reaction would suggest based on our June survey.'”
MacDailyNews Take: Wait, the media’s wrong? (snicker)
Ray reports, “McCourt offers some thoughts on the feedback he got in a survey his firm conducted pertaining to Apple Watch: ‘Our proprietary CESI [Consumer Electronics Strength Index] score for Apple Watch is consistent with very high double-digit y/y unit growth globally, at a very steady level since the Series 2 launch last fall. This follows easy comps from a year ago when y/y trends were down meaningfully, in our opinion. Likewise, our June consumer survey was very positive for Apple Watch. As shown below, 12% of respondents indicated they would purchase an Apple Watch in the future, the highest in our survey’s history, and approaching Fitbit-like levels. Additionally, 22% of iPhone owners indicated they would purchase an Apple Watch in the future, again the highest in our survey’s history, and part of a very steady, and Impressive trend of increasing demand from iPhone owners.'”
Read more in the full article here.
MacDailyNews Take: YKBAWID.
If you don’t have an Apple Watch, yet, you are missing out.
If, beyond an iPhone, you also have a Mac, an iPad, AirPods, etc. and still don’t have an Apple Watch, you are really missing out.
Woz on Apple Watch: ‘I just love it. I love every time I use it. It helps me. I love it so much.’ – June 14, 2017
Apple Watch the most accurate heart rate monitor in new fitness tracker study – May 24, 2017
Sweaty fitness bands fall behind as Apple Watch outpaces sales – May 12, 2017
Apple Watch helps doctors detect the leading cause of heart failure with 97% accuracy – May 12, 2017
Fossil shares plunge as Apple Watch kills traditional watch market – May 10, 2017
As it turns two, Apple Watch focuses on core strengths – April 24, 2017
Happy second birthday, Apple Watch! – April 24, 2017
New limited edition Apple Watch Nikelab champions neutral-toned style – April 20, 2017
Apple Watch Series 3 coming in second half 2017, sources say – April 5, 2017
The Apple Watch is still the best designed smartwatch – March 14, 2017
The Apple Watch is winning – March 2, 2017
Apple Watch had massive holiday quarter; took nearly 80% share of total smartwatch revenue – February 10, 2017
The Apple Watch ‘WOW’ moment – February 3, 2017
Apple Watch dominates with 63% of worldwide smartwatch market – February 2, 2017
Apple smashes Street; iPhone, Services, Mac and Apple Watch set all-time records – January 31, 2017
Apple Watch has blood on its hands: Pebble is dead – December 7, 2016
Apple Watch has blood on its hands: ‘Microsoft Band’ wearable is dead – October 4, 2016
Computerworld reviews Apple Watch Series 2: It’s time to jump in – September 27, 2016
Ars Technica reviews Apple Watch Series 2: ‘Great experience with very few hiccups’ – September 22, 2016
Mossberg reviews Apple’s watchOS 3: Quicker, easier, and more useful – September 21, 2016
CNET reviews Apple Watch Series 2: ‘The smooth wrist companion it was always meant to be’ – September 14, 2016
WSJ reviews Apple Watch Series 2: ‘Apple Watch finds its purpose in life’ – September 14, 2016
The Verge reviews Apple Watch Series 2: There’s something effortlessly cool about it – September 14, 2016
Apple Watch Series 2: Apple refocuses its smartwatch – September 12, 2016