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?
Leo Sun:
[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.
