iWatch to profit $6 billion in the future

iWatch to profit $6 billion in the future

A billion-story in the making.

Rumors are now spreading for a new Apple product. Some analysts say that this will revolutionize portable players, tablets, music, and smartphones, and will change people’s view on wristwatches. A tech expert believes that this could be worth billions to the super tech giant.

According to Oliver Chen, a Citigroup analyst, the rumored iWatch of the company could be billions of opportunity for them, pulling some numbers by around $6 billion. Furthermore, he thinks that there could be even plentier than $6 billion if the tech giant creates something that is totally fresh and new just like what they had when they launched iPod.

iWatch to profit $6 billion in the futureHe noted that the watch market globally is now priced at about $60 billion every year. The $6 billion could-be oportunity for Apple only depends upon the company if they capture at least ten percent of the total market.

However, Chen is also looking for a lesser profit of about $3.6 billion for the Apple iWatch.

Chen believes that the iWatch could give the company more money rather than paying much of their attention to revolutionizing the television market.

 

 

One thought on “iWatch to profit $6 billion in the future

  1. Wow that does sound like a great gadget, and very well could be a great profit for apple. If the watch is as impressive as I think it could be it would be the final push I needed to go move to apple completely. I currently have an android phone and a non mac laptop.

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