Not according to Apple.
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These are early stages for the market, and the analysts said that Apple and its rivals need to boost performance, app availability and battery power.
Chances are Apple won’t reveal much, but as a piece in The New York Times noted today, some big app makers-namely Facebook, Google, and Snapchat-are skeptical about its usefulness.
Mr. Cook said nearly off handed, “On the [Apple] Watch, our June sales were higher than April or May”. The last was the iPad which was launched in 2010. Zino added that he didn’t believe that would happen, but that expansion of watch sales into a wider geographic area would boost sales.
Apple reports its quarterly earnings July 21.
The way Apple puts it, their Smart-Watch is the most compact, personal device that fits comfortably on your wrist, and in terms of function, it’s an enormous device with an arsenal of capabilities. An affordable version could increase the volume in demand, which while beats out its competitors, is nowhere near comparable to other products from the same company. “I don’t know if we could get it all in there in a way that feels good and works well”, said a Facebook executive. “This isn’t a matter of not being transparent, but rather of not giving our competition insight”.
Could Apple have surpassed that with its first wearable product? Perhaps most interestingly, Gene Munster, the perennial bull on everything Apple, thinks the company has sold about three million watches – one of the more conservative estimates.
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In a note following the initial report, Piper Jaffray’s Gene Munster had suggested that sales in Apple’s “Other” category, which includes the watch, were below expectations at $2.64 billion.
