Writing for The Motley Fool, Leo Sun asked the question many pundits are complempating as the launch of the Apple Watch draws closer – will the Apple Watch flop like Google Glass?
[su_quote]…interest in the device remains muted. Piper Jaffray surveys showed the percentage of respondents who planned to buy an Apple Watch slipped from 10% in September 2013 to 7% in December 2014. UBS reported that just 10% of respondents in a recent survey were “very likely” to buy an Apple Watch. Those are not game-changing numbers for the most highly anticipated wearable device to date.
If Apple Watch flops, the financial impact won’t be severe. Hitting the max forecast of 60 million units would generate sales equivalent to just 10% of the company’s projected revenue of $213 billion for fiscal 2015, but strong iPhone sales could easily offset an underwhelming Apple Watch launch. Therefore, Apple Watch should be considered a bonus, and not a pillar, for the company’s performance this year.[/su_quote].
Agreed. The Apple Watch looks like a long term bet by Apple to move into the wearable computing spaces, even if the first generation sales fall short of analysts expectations.