Apple Inc. (NASDAQ:AAPL) iWatch … will it shine or go the “Samsung way”?

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September 05, 2014

We all know that Apple Inc. (NASDAQ:AAPL) products always take the limelight before launch, regardless of how they do in sales afterwards. All those leaks and rumors get the market and consumers buzzing with excitement. Once again, the Technorati are talking about Apple Inc. (NASDAQ:AAPL) and this time it is about iWatch.

Well, it seems the curiosity is about to end at last because the much awaited Apple Inc. (NASDAQ:AAPL) iWatch may be the next big thing ready for launch. The iWatch like all other about-to-be-launched Apple (NASDAQ:AAPL) products is surrounded by leaks and rumors.

According to a few reports, Jony Ive, the senior Chief Executive of Apple (NASDAQ:AAPL) talked about the new device. He stated that the new smartwatch will be a much modernized device with the Swiss “sweating bullets”. The statement made by Jony Ive seemed very ironic and insincere but it still left an impact on the investors who are looking forward to the smart wearable. An analyst from KGI securities (TSE:KGI), Ming-Chi Kuo addressed the investors and predicted that the new smartwatch might come in different sizes and in a variety of colors. It will not be available this year and there are chances of the iWatch to be released in 2015. Ming-Chi Kuo guessed the display size of the watch to be of 1.3 or 1.5 inch.

David Seaburg, sales trading head at Cowen & Co., stated that keeping in mind the great following for Apple (NASDAQ:AAPL) products, there are chances that the starting market of the iWatch will be quite impressive. As for its continual success, one can’t be sure that it will bring constant earnings. It is believed that like Samsung’s smartwatch, iWatch may also lose its audience’s interest very soon.

Chad Morglander, from Stifel’s Washington, holds the same opinion as David Seaburg. Chad stated that the iWatch would not be a persistent success. The earnings of Apple (NASDAQ:AAPL) are very potent and the expected revenue in 2015 is about $200 million.

Stifle Nicolaus is very optimistic in this case, expecting the revenue to be about $110 a share over the next few months. He thinks that Apple (NASDAQ:AAPL) has a strong rating and investors are confident to invest their money in its shares. Morganlander, however suggest that investors should be careful in this situation. He reckons that many Apple (NASDAQ:AAPL) products will become outdated.

Talking about the specialists’ opinion; Steven Pytlar, prime executions, is considering a current stabilizing criterion. This criterion proposes that in the upcoming months, the market shares will move in a lateral way or might fall down. He pointed at the healthy selloff on Wednesday. He believes the shares are overbought at the moment as far as their momentum is concerned. Pytlar says that at a time when a share is about $93, it is very important to keep a close eye on the stock.

With many features leaked; like health tracking, iPhone pairing, multiple colors and sizes, there are still many unanswered queries related to the upcoming iWatch. Until now Apple (NASDAQ:AAPL) has tried it best to keep the new device unrevealed, we all hope that it’s an amazement for us.

 

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