Wednesday, May 18, 2016

Rumor: ’s $149-$229 iWatch is coming in second half of 2014

It’s been a while since we hrd anything on the smartwatch front so today’s report by the Taiwanese trade publiion DigiTimes (I know, don’t start) asserted that the iWatch is at lst a yr away. Specifically, the publiion claims that the iWatchis expected to relse in the second half of 2014.The device is expected to retail for between $149 and $229. More details right after the brk…According toDigiTimes, Taiwan-based contract manufacturer ODM Inventec is expected to land as much as an CIMB Group-estimatedsixty percent of iWatch orders and contribute to about nineteen percent of Inventec’s profits in 2014.The analyst expects ’s iWatch to be priced between US$149-229 and consumers will purchase the device mainly to replace their iPods.Replace their iPods?Replace a music player with a smartwatch, seriously?DigiTimes, pinch of salt, you know the drill.For what it’s worth, an analyst with CIMB Groupsaid iWatch shipments will hit an estimated 63.4 million units in 2014. AnalystKaty Huberty wrote back in Februarythat the iWatch would present with an $80 billion opportunity , assuming it sells at lst 50 million units at an average selling price between $200 and $300.This could drive an incremental $10 to $15 billion in revenue, or $2.50 to $4.00 in per-share rnings, ch yr. Besides ’s iWatch, a executive todayofficially confirmedthat the South Korn conglomerate will be introducing itsGalaxy Gr wrable concept devicewith a non-flexible displayat the upcomingSeptember 4 event.

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