Apple could sell up to 10 million iWatch units in the first year

[RaduTyrsina]

​

The rumors and buzz surrounding Apple’s iWatch hasn’t stopped and virtually every day there’s something to discuss about. Investment firm Piper Jaffray has surveyed 799 U.S. consumers regarding Apple’s rumored iWatch device and concluded that between 2 and 4 percent among iPhone owners would be interested in acquiring an iWatch.

Since there is an estimate number 293 million iPhone owners in the world, this means that Apple could have sales between 5 million and 10 million in the first year. The survey included iPhone owners because the watch is expected to be iPhone-connected, but at the moment there’s no clear indication of that. The iWatch could very well be a standalone product or it could be synced with the iPad, as well. Analyst Gene Munster from Piper Jaffray cared to mention:

"While we do not view the watch as a likely needle-mover for Apple in terms of revenue in 2014, we put it in a similar category as the television in that it could demonstrate Apple’s ability to innovate (good for the multiple) and potentially lead to a more meaningful new product category in wearable tech"

Obviously, the price of the upcoming iWatch will also play a big role, so the more affordable it will be, the more buyers it will get. But smaller doesn’t mean cheaper, so it will be really hard for Apple to manage to price it under the psychological limit of $300.

What about yourself? What price the iWatch would need to have to interest you? Or you think that it’s not a needed product, if you’ve already acquired and iPhone and an iPad?

Source: Cnet