Apple Inc. (AAPL)’s Watch Generates Conflicting Predictions from Analysts

Apple Inc. (NASDAQ:AAPL)’s watch, which has been introduced in September last year and is expected to be released early this year, has become a center of diverging opinions regarding its future from different observers, from predictions of sales  ranging from 10 million at the lowest to 60 million at the highest, to arguments leading to opinions of flak in its performance in the wearables market.

An earlier report by CNBC took  note of a blog post by Fred Wilson, a venture capitalist who was among the early investors of Foursquare Capital Corp (NYSE:FSQR) and Twitter Inc (NYSE:TWTR), in which the Apple Watch, which is Apple Inc. (NASDAQ:AAPL)’s entry to the wearables market, gets negative performance prediction. According to Wilson, the wearables market in general will not be able to live up to the hype. In his post, he added further that “The Apple Watch will not be the homerun product that iPod, iPhone, and iPad have been. Not everyone will want to wear a computer on their wrist.”

Apple (AAPL)

On the other hand, a commentary at Forbes, reflects upon the fact that other products released by Apple Inc. (NASDAQ:AAPL) have likewise received negative press in the past ranging from questions of pricing, features, and form factors. The Macbook Air, iPod, iPhone, and iPad all have been declared failures by various analysts before their respective product launch. The commentary also took note of surveys that aimed to arrive at predictive sales figures for the Apple Watch, saying that accurate data is not possible for something that people don’t know much yet nor have touched. The surveys, it adds, are not a likely representation of global data.

Another commentary, this time from Business Insider, takes the case in favor of Apple Watch with a list of currently unseen “perfect use cases” for the small wrist computer device, highlighting Apple Pay, which allows users to use iPhones and the Apple Watch to pay for their purchases without having to reveal their credit card details, as one of the most convenient features so far.  This echoes another favorable sentiment found in a Fortune commentary, which quotes iMore editor Rene Ritchie, known for co-hosting various tech podcasts, in arguing that the latest tech gadget from Apple Inc. (NASDAQ:AAPL) comes with “convenience” as its killer feature.

This article has been written by Nonito Guntan

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