Apple (NASDAQ AAPL) has been a stock which can do no wrong currently. The Cupertino based Technology giants have been leading innovators in the past. Those miraculous pieces of innovation have led to products like iPods, Macs and iPhones, all of which have led to heavy revenue for Apple. iPhones have been a leading source of revenue for Apple for a long while now. In fact, it is the reason for the stock’s current high. Amid such positive news, Apple goes for a new product, Apple watch , hoping that it would do similar magic in the wearable technology segment.
Here in this article, we will look at the Apple watch product features and specifications. It would be intriguing to look at the product which has been in the middle of so much rumours and speculations. Also, we will look at the sales of this product and how much Apple can expect from this product in the coming days.
Apple Watch was introduced last Monday by Apple. Some of the major highlights from the event includes the fact that the watch
would be available in a wide range of prices, ranging from $349 to $10,000. The gold version of the watch would be covering the higher end of the price range.
Apple Inc (NASDAQ AAPL): Apple Watch
While it would surely be premature to think that the Apple watch would have sales like iPhone/iPod right from the start, hopes from the market are sure high. Analysts have been weighing in, although their predictions have been very wide. On an average around 20 Million units of Apple Watch are expected to be sold. This is a very impressive number given that the market for wearable technologies is rather nascent.
The Apple watch has been touted as a device on which one can easily check for notifications, updates and mails. They would not have to check their smartphones for the same. Some of the additional features for the Apple watch product include a feature to revert back to analog watch, 18 hours of battery and water resistant feature.
Apple Inc financial news (NASDAQ AAPL)
Apple (NASDAQ AAPL) is a great stock to have currently. The stock can go further in the green if the Apple watch product takes off.
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