Click to Skip Ad
Closing in...
  1. Prime Day Deals
    11:01 Deals

    Check these early Prime Day deals with prices so low, it’s like Amazon made a mistak…

  2. Mattress Topper Amazon
    14:44 Deals

    33,000 Amazon shoppers say this mattress topper deserves 5 stars – today it’s…

  3. Amazon Deals
    10:42 Deals

    Today’s best deals: Free $25 from Amazon, $600 projector for $230, $8 wireless charg…

  4. Best Smart Home Devices 2021
    08:45 Deals

    10 smart home devices on Amazon you’ll wonder how you ever lived without

  5. Amazon Deals
    07:58 Deals

    10 deals you don’t want to miss on Saturday: Free money from Amazon, $2.97 smart plu…




Report says Apple ‘fanboys’ will make the iWatch an incredible success

July 14th, 2014 at 2:14 PM
Apple iWatch Price and Sales

The smartwatch market is dominated by Samsung, followed by Sony and Pebble, according to a mid-May Strategy Analytics report, but that may change as soon as Apple’s rumored iWatch launches. Obtained by Forbes, a new research note from Morgan Stanley’s Katy Huberty reveals that Apple’s ecosystem strength and consumer loyalty are going to drive an incredible amount of sales in the first year alone.

Citing data from AlphaWise, Huberty says that Apple’s brand loyalty continues to grow and that, thanks to its integrated ecosystem of devices and the “halo effect,” Apple may be able to sell more than 30 million iWatch units in the first 12 months, for $300 a pop. iWatch sales would bring in an extra $9 billion in revenue, and $0.49 EPS – that’s the “worst case” scenario, with the stock seen driving up to $110 as a result.

In the “bull case,” Huberty sees Apple selling 60 million smartwatches in the first year, with stock hitting $132 by the same time next year.

The analyst also provided a “bear case,” which sees Apple shares falling to $74, in case iPhone sales would go flat and mainstream consumers lose interest in wearable devices.

Apple is expected to launch an iWatch smartwatch this fall, laden with health and fitness sensors, as well as other smart features.

Graphs from Huberty’s report, showing penetration rates for Apple devices, and smartphone brand loyalty according to AlphaWise, follow below.

Chris Smith started writing about gadgets as a hobby, and before he knew it he was sharing his views on tech stuff with readers around the world. Whenever he's not writing about gadgets he miserably fails to stay away from them, although he desperately tries. But that's not necessarily a bad thing.




Popular News