Report: Apple to ship 63 million iWatches in first year, priced at $199

Andre Yoskowitz
28 Aug 2013 12:07

According to a new report, Apple is partnering with Inventec next year to manufacture 63.4 million iWatches.
The watches will be priced at $199 and include a flexible display, something Samsung's upcoming Galaxy Gear does not have.
Inventec will build 60 percent of the orders, and it is unclear what other manufacturers will build the rest.
Analyst Wang Wanli of CIMB Securities Limited believes $199 is the sweet spot, right between the iPod Nano and the entry-level iPod Touch.
Wanli says Apple will announce the watch in the Q3 2014.
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