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KGI: Apple Watch will reach 2.3 million pre-orders through May

Written by Andre Yoskowitz @ 16 Apr 2015 11:22 User comments (1)

KGI: Apple Watch will reach 2.3 million pre-orders through May

KGI Securities analyst Ming-Chi Kuo has reported today that the firm expects the Apple Watch to top 2.3 million units pre-ordered globally by the end of May.
Earlier reports had put first day pre-orders at 1 million units, a strong figure for a device that sells for $500 on average.

Kuo also wrote that the cheaper Sport model accounted for 85 percent of pre-orders, with the Watch model accounting for nearly 15 percent and Edition (which can cost up to $17,000) accounting for less than 1 percent.

"We estimate production could reach 2.5mn units in June, absent supply chain bottlenecks; thus global preorders are less than the 4.8mn units of combined production in March-June as most of those preordering can get Apple Watch in June. At present, iPhone shipments stand at 50-60mn units per quarter, suggesting less than one-tenth of iPhone users have preordered Apple Watch," added Kuo.


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1 user comment

117.4.2015 17:05

Whatever the expected'll be less. I can all but guarantee this.

This watch is crap, Apple is crap and wearable tech is extremely redundant, pointless, useless and just nerdy lame!

This message has been edited since its posting. Latest edit was made on 17 Apr 2015 @ 5:07

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