Apple's iWatch Could Come With IOS, Earn $6 Billion a Year 327
Nerval's Lobster writes "Apple's long-rumored "iWatch" could earn the company $6 billion a year, if an analyst quoted by Bloomberg proves correct. Citigroup analyst Oliver Chen estimated the global watch industry's annual revenue at $60 billion a year, with gross margins of roughly 60 percent. "This can be a $6 billion opportunity for Apple, with plenty of opportunity for upside if they create something totally new like they did with the iPod," he told the newswire, "something consumers didn't even know they needed." Meanwhile, The Verge reports that Apple has " chosen to rework the full iOS to run on the watch instead of building up the iPod nano's proprietary touch operating system," which has led to battery issues: while Apple would like the device to last "at least 4-5 days" between charges, the current prototypes give somewhat less. While an "Apple TV" long dominated the rumor mill as Apple's next big product, the frequency and detail of "iWatch" rumors over the past few weeks suggests that a timepiece could be the company's next big project."
Re:Watch wearing is a declining trend (Score:3, Funny)
Re:Not sure whether I'd want one (Score:2, Funny)
E-monocles
Like an E-Sir.
Re:Great, but what does it *DO*? (Score:5, Funny)
It displays information in bright green on its black 5" x 3" screen. It can record sound and video footage for later playback. It uses a simple but elegant form of sonar and satellite tracking (where service is available) to map out areas where its user travels. Though input is slow, a user can also hand-enter and edit text messages on their iPip
The AppleCo iPIP also has a built-in radio and Geiger Counter, a built-in health monitor, motion sensor, and a unique program creating and editing tool, a light that illuminates the area around the user, (allowing them to see better in the dark), and also features a biometric lock that can only be opened by either the user or a skilled technician.
Coming soon! The AppleCo iPIP-Pad is an experimental tablet-sized version of the AppleCo iPIP series.
Re:Great, but what does it *DO*? (Score:0, Funny)
"Do"? What do you mean, what does it "do"? It's a device. By APPLE. What it DOES is exist and bring Apple $6B a year*. So get in line. NOW. You wouldn't want to be laughed at like all those Android schmucks were when that crappy G1 was released, right? They'll NEVER live down the shame of getting an Android phone, not even in four years! Man, they're so behind the times.
*: Figures promised by right of Analyst Predictuarantee, which differs from pulling numbers out of their asses by the fact that Predictuarantees are legally binding; therefore, any disadvantageous difference in this value and reality is a felony and customers WILL be arrested and brought to trial until the situation is corrected.
Re:"totally new like the ipod" (Score:5, Funny)
Secondly it had storage space, lots and lots and lots of storage space.
I have it on very good authority [slashdot.org] that the iPod had less space than a Nomad.
Re:What time is it? (Score:4, Funny)
Could have just said: