Writing for Mark Hibben highlighted Morgan Stanley’s Katy Huberty was very optimistic that Apple’s rumored iWatch will sell well in 2015 based on her recent not to investors. According to Mark Hibbern. Huberty expects Apple to sell at least 60 million iWatches in 2015, adding $9 billion in gross profit in the process.
Key highlights from the report include:
- Morgan Stanley’s Katy Huberty has predicted that Apple could sell 60 million iWatches in the first year of production.
- This may be optimistic, but it’s in line with growth estimates for the wearable market for 2015.
- This sales volume for iWatch could add as much as $9 billion in gross profit for 2015.
Summary of market forecasts for wearable tech by Mark Hibben
Source |
Estimate Date |
2014 Unit Volume millions |
2014 $ Volume billions |
2015 Unit Volume millions |
2015 $ Volume billions |
Notes |
IHS Performance Monitor |
Sept. 2013 |
45 |
1.89 |
50 |
2.1 |
also assumes ASP $42 |
Sept. 2013 |
238.10 |
10 |
357.14 |
15 |
ASP $42 applied |
|
05/23/14 |
48 |
2.02 |
65 |
2.73 |
ASP $42 applied |
|
08/29/13 |
123.81 |
5.2 |
166.67 |
7 |
assumes ASP $42 |
|
Median |
123.81 |
5.2 |
166.67 |
7.00 |