Tuesday, 21 April 2015

Latest Apple Watch estimates 3M sales, $2B revenue - Apple's most profitable product ever

Latest Apple Watch estimates 3M sales, $2B revenue - Apple's most profitable product ever

A leading technology analyst has estimated that Apple Watch sales in the first two weeks are likely to hit 3M, comprising 1.8M Sport models, 1.2M steel and 40,000 Editions – generating more than $2B revenue. Think Big Analytics principal Carl Howe also estimates that gross margins on the wearable are likely to exceed 60%, making the Apple Watch the company’s most profitable ever product.
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