SIX REASONS WHY ANALYSTS ARE WRONG ON APPLE iWATCH $AAPL $GOOG $NOK $BBRY $T #iWATCH
Apple (AAPL) has a history of reinventing products in a manner that competitors have not been able to do. iWatch is likely to be no different. “Apple ‘iWatch’ hype is building toward iPhone-like levels,” says VentureBeat. CNBC is quoting Reuters that 50 million iWatches will be sold in the first year. TheStreet wants the reader to consider the possibility of Apple selling 80 million iWatches within the first year. Forbes quoted an analyst estimating 9 – 25 million iWatches within the first year.
These models are based on historical data from iPhone and iPad. However, the enthusiasm for iWatch seems to be overdone, especially because comparisons related to the iPhone and iPad are faulty as iWatch is quite different as explained below.… Please click here or the title below to read more.