Analyst: Apple may sell as many as 60 million iWatches

iWatch

The fact that Apple has yet to announce the iWatch doesn’t stop analysts from predicting how many units the Cupertino giant will manage to sell in the first year. One of the more bullish analysts is Morgan Stanley’s Katy Huberty, who suggests that Cook & Co. may move as many as 60 million iWatch units in the first 12 month.

According to Huberty, Apple will benefit from its vast fan base who more often than not have no problems paying a premium for a product with Apple’s logo on it. She goes on to add that the iWatch will penetrate Apple’s user base the same way the iPad did.

iWatch could penetrate Apple’s user base the same way the iPad did and eventually hit the 60 million units sold mark; or it could follow the “iPhone path” with 30 million units flying off the shelves in a single year.Another, also bullish scenario sees the iWatch following the path of the iPhone with 30 million units flying off the shelves in a single year. Katy estimates that the iWatch will be sold for $300.

We at mHealth Spot think between the same lines. I can vividly remember days before the iPhone was officially launched, with various analysts predicting Apple’s doom in the mobile industry. For one reason or another many of those people are still in business, whereas Apple is one of the biggest phone makers in the world with iPhone and iPad accounting for three thirds of their revenues.

iWatch numbers

The iWatch will likely be unveiled by the end of this year, boasting a number of sensors to track one’s activities, health and so on.

[Via: Fortune]