Sunday, January 25, 2015

Here's What Could Happen If Apple's watch Flops Like Google Glass

http://www.businessinsider.com/heres-what-could-happen-if-the-apple-watch-flops-like-google-glass-2015-1

With Apple joining in the smart watch market, forecasters have predicted that the watch could move 60 million units in the first year equalling $21 billion in revenue.  However, a recent survey says that the percent of respondents who said they would buy the watch fell from 10% to 7%.  This has raised the question of what will be the impact if the Apple watch fails miserably like Google Glass.  However if the smartwatch fails it will not be the end of the world.  The predicted sales of 60 million units will only cover 10% of apples projected revenue for the 2015 fiscal year.  Additionally, with the launch of the latest iPhone, the projected sales for these smartphones could make up for the possible fail of the watch.  The growing demand for iPhones only make the launch of the smartwatch a bonus.  While the success of the watch is still in question, Apple and its investors should not be worried if the watch does not meet expectations.

1 comment:

Unknown said...

It seems that Apple does not need to worry much about this potential failure. At stated in the article, iPhones have enough demand to carry through this time with that revenue alone. I personally don't see this particular Apple product, the watch, going very far and being in that high of a demand in today's market, but I also don't see this hurting the company too much.