Here’s How Much Profit Apple Could Make From The iWatch Next Year

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

IHS

Sept. 2013

238.10

10

357.14

15

ASP $42 applied

NPD DisplaySearch

05/23/14

48

2.02

65

2.73

ASP $42 applied

Business Insider

08/29/13

123.81

5.2

166.67

7

assumes ASP $42

Median

123.81

5.2

166.67

7.00

Read more

Posted by | Posted at August 21, 2014 21:58 |
Storm is a technology enthusiast, who resides in the UK. He enjoys reading and writing about technology.

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