Apple could provide more details about smartwatch on March 9
Apple executives are expected to provide some more details and to answer some of the most important questions regarding its smartwatch at an event in Yerba Buena Center for the Arts. Apple announced last September that the smartwatch will start at $349, slightly higher than the competition. However, Apple has not provided additional details about pricing of the other variants of Apple Watch.
The rumors suggest that Apple Watch with 18-karat-gold and yellow or rose sapphire topped models would cost much higher with some market analysts suggesting a price tag in range of $5-10 thousand. At the ‘Spring Forward’ event on March 9 in San Francisco, Apple is also expected to clear the air regarding battery life of Apple Watch.
BMO Capital Markets analyst Keith Bachman has predicted that Apple could sell 19 million Apple Watch devices in year 2015 in a not issued to investors. Bachman has predicted the number keeping in mind the number of iPhone users, expected at 485 million by December 2015. 19 million Apple Watch users would be little less than 4 percent of the Apple iPhone users. For year 2016, Bachman has predicted sales for Apple Watch to touch 36 million.
The sales would largely depend on what Apple provides to users and if the features are good enough to get positive reviews. Apple has indicated that Apple Watch will provide some additional features to users with health readings, news, intuitive notifications, Siri and Apple Pay. Apple Watch could be a game changer as the company aims to take a bigger share of the smartwatch market, currently dominated by Motorola.
Expectations are high among technology experts. Apple has priced its starting model at $349 compared to average price of $200-250 for smartwatches presently available in the market from other companies including Motorola, Samsung, LG and Pebble.
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