+ - iWatch may be a $6 billion opportunity for Apple->
Submitted
by
Anonymous Coward
An anonymous reader writes "Despite a report from late last week claiming that Corning's flexible "Willow Glass" won't appear in mainstream products for another 3 years, it's now being reported that that Apple's rumored iWatch may launch as soon as this year.
While watches may not be as sexy a product category as, say, HD Televisions, Citigroup analyst Oliver Chen relays that watches may actually be a more lucrative market for Apple.
While TV's obviously sell for a lot more money, the HDTV industry is notorious for razor thin margins. Watches, in contrast, can generate gross margins at upwards of 60%, a figure which is much more in line with Apple's current product lineup than the single digit margins often associated with HDTVs. All told, the watch market may be a a $6 billion opportunity for Apple to grab ahold of."
Link to Original Source
While watches may not be as sexy a product category as, say, HD Televisions, Citigroup analyst Oliver Chen relays that watches may actually be a more lucrative market for Apple.
While TV's obviously sell for a lot more money, the HDTV industry is notorious for razor thin margins. Watches, in contrast, can generate gross margins at upwards of 60%, a figure which is much more in line with Apple's current product lineup than the single digit margins often associated with HDTVs. All told, the watch market may be a a $6 billion opportunity for Apple to grab ahold of."
Link to Original Source
iWatch may be a $6 billion opportunity for Apple More Login
iWatch may be a $6 billion opportunity for Apple