Apple watch how much battery life remains
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Neil Cybart, a former stock analyst at investment bank Keefe, Bruyette & Woods, who has set up his own company, Above Avalon, to analyse Apple, says Huberty is one of the more bullish on it. Estimates are that the watch will add about $10bn in revenue, and an unknown amount of profit, during 2015. Simple maths suggests Apple will crash through that if it gets anywhere near the middle of analyst estimates of about 22m in the first year. In all, 6.8m smartwatches shipped last year, according to research company Smartwatch Group, at an average price of $189, creating a market worth $1.3bn.Īnalysts estimate the Apple Watch should add about $10bn to the company’s revenues this year. The lowest of those numbers would dwarf the existing smartwatch market, where the biggest player, Pebble, has shipped just over 1m units in two years, and devices using Google’s “Android Wear” from companies including Samsung, Motorola and LG shipped just 720,000 in 2014. The most pessimistic is Gene Munster, a stock analyst at Piper Jaffray, who reckons 8m. We stand by our initial assessment that 10m units sold by year-end is likely.” McQuivey sounds like a pessimist compared to Huberty, who forecasts 30m, and Robert Leitao of Braeburn Group, who suggests 40m by the end of the year. James McQuivey of Forrester Research said last week that “20 million people in the US alone are inclined to buy something new from Apple, giving Apple an easy shot at converting 10 million people to buy one between the US and international markets.
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However Steve Jobs would deny the existence of products right up to their unveiling I saw him laugh at the idea of a phone in 2005.ĭespite the pundits, on Wall Street and in the industry it is hard to find anyone to agree that the watch could flop. I can’t comment on it,” Cook said when asked about an “Apple car” last week.
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The latter, like the former, so far remains only rumour, but enough circumstantial evidence has appeared – such as hirings from a car battery company (which is suing) and word of an internal project – that analysts now think it’s only a matter of time.
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Not only that, but Apple has plenty of room to expand into, she argues: its current products and services are useful for a third of most people’s day, but it could increase that to three-quarters by getting into TV and even cars.
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“A strong platform becomes a virtuous circle, as many users buy multiple devices and more software and services, which in turn attracts more developers, merchants and partners.”
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“Apple has the world’s most valuable technology platform,” she argues, with customers who are loyal and willing to pay more for its products and services than users of Google’s Android phones. Katy Huberty, an analyst at Morgan Stanley, suggests the shares could be worth $160 in a year’s time (on Friday they were at $126), which would value the company at $934bn. Now it has passed $750bn, Cook is still in place, new products are on the way, and analysts are beginning to wonder: could Apple soon be worth $1tn? And how much of a part will the new watch play in that? In spring 2013 there were calls for his head when Apple’s market capitalisation was $366bn, far below an earlier peak of $658bn in September 2012. The launch of the watch isn’t the first time Cook has faced doubters. Doubters have focused on the battery life (about a day) enthusiasts on its potential to save you pulling your phone out of your pocket for maps or train times.
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It’s watch-like, but more of an extension to a phone. It connects to an iPhone, and displays – or taps your wrist with notifications from – apps about all sorts of things (sparking a new goldrush).
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But the watch has also seen an intensive PR and marketing effort, including recent lengthy interviews with head designer (and Briton) Sir Jony Ive in the New Yorker and the FT’s How To Spend It section (in which he murmurs that the watch is “clearly the most personal product we’ve ever made”), and a 12-page set of ads in the March edition of Vogue at an estimated cost of $2.2m.