According to a new survey conducted by analysts at UBS, interest in the smartwatch market is continuing to grow ahead of the Apple Watch launch early next year. Of the 4,000 respondents asked to partake in the survey across four different countries, about 10 percent cited that they are "very likely" to buy a smartwatch in the next year. Based on projections of Apple's iPhone sales and the current installed base of iPhones compatible with the Apple Watch, the analysts predict Apple will sell 24 million Apple Watches within the first nine months.
Figure 10 indicates that 10% of respondents (401 out of 4,000) are very likely and 17% (682 out of 4,000) somewhat likely to buy a smartwatch in the next 12 months. That is a three-fold increase vis-à-vis the 386 respondents claiming to already own a smartwatch and a four-fold increase if we assume that around one-third of the currently owned smartwatches are actually fitness bands.
Based on an estimate of 240 million iPhones compatible with Apple Watch being in customers' hands by the end of 2015, UBS suggests this could translate to 24 million Apple Watches sold in the first 9-12 months of availability, depending on supplies.
In a smaller survey of customers who registered as very likely to purchase a smart watch, the Apple Watch placed second to the Samsung Gear in buying intentions, although UBS expects those positions to reverse once the Apple Watch becomes available.
The analysts also expect the new Apple wearable to redefine the category much like previous products from the company have done for their respective technological categories. Despite first-version limitations in daily charging and iPhone tethering, UBS sees significant potential for the Apple Watch and predicts it will become the spiritual successor to the iPhone in the long-term.
Cellular and battery technology is not yet sufficiently miniaturized to fit in the Watch and allow independent functioning. We would think the ability to do so is maybe five years away. In fact, the screen size differential may mean that the Watch and the iPhone will prove complements rather than substitutes. Arguably that is the way the iPad and Mac might be playing out, different products for different jobs.
Given that about two-thirds of Apple's profit is generated by the iPhone, the company has to be concerned about the longer-term threat of replacement technology, whether it be a leap in handset technology or loss of key functions to wearables. With a sophisticated user interface and third-party apps coming on, Apple may be readying for the time when the Apple Watch encroaches on the smartphone market.
The Apple Watch is set to launch in "early 2015", reportedly in the "spring" according to an internal video from retail chief Angela Ahrendts.
Monday December 16, 2024 8:55 am PST by Tim Hardwick
Apple released iOS 18.2 in the second week of December, bringing the second round of Apple Intelligence features to iPhone 15 Pro and iPhone 16 models. This update brings several major advancements to Apple's AI integration, including completely new image generation tools and a range of Visual Intelligence-based enhancements. Apple has added a handful of new non-AI related feature controls as...
Wednesday December 18, 2024 11:39 am PST by Juli Clover
Apple is no longer planning to launch a hardware subscription service that would let customers "subscribe" to get a new iPhone each year, reports Bloomberg's Mark Gurman.
Gurman first shared rumors about Apple's work on a hardware subscription service back in 2022, and at the time, he said that Apple wanted to develop a simple system that would allow customers to pay a monthly fee to gain...
Contrary to recent reports, the iPhone 17 Pro will not feature a horizontal camera layout, according to the leaker known as "Instant Digital."
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Wednesday December 18, 2024 10:05 am PST by Juli Clover
Elevation Lab today announced the launch of TimeCapsule, an innovative and simple solution for increasing the battery life of Apple's AirTag.
Priced at $20, TimeCapsule is an AirTag enclosure that houses two AA batteries that offer 14x more battery capacity than the CR2032 battery that the AirTag runs on. It works by attaching the AirTag's upper housing to the built-in custom contact in the...
Tuesday December 17, 2024 9:02 am PST by Joe Rossignol
The current Apple TV 4K was released more than two years ago, so the streaming device is becoming due for a hardware upgrade soon. Fortunately, it was recently rumored that a new Apple TV will launch at some point next year.
Below, we recap rumors about the next-generation Apple TV.
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Monday December 16, 2024 4:17 pm PST by Juli Clover
Blackmagic today announced that its URSA Cine Immersive camera is now available for pre-order, with deliveries set to start late in the first quarter of 2025. Blackmagic says that this is the world's first commercial camera system designed to capture 3D content for the Vision Pro.
The URSA Cine Immersive camera was first introduced in June, but it has not been available for purchase until...
Apple launched the controversial "trashcan" Mac Pro eleven years ago today, introducing one of its most criticized designs that persisted through a period of widespread discontentment with the Mac lineup.
The redesign took the Mac Pro in an entirely new direction, spearheaded by a polished aluminum cylindrical design that became unofficially dubbed the "trashcan" in the Mac community. All of ...
Sunday December 15, 2024 9:47 am PST by Joe Rossignol
Apple is planning a series of "major design" and "format changes" for iPhones over the next few years, according to The Wall Street Journal's Aaron Tilley and Yang Jie.
The paywalled report published today corroborated the widely-rumored "iPhone 17 Air" with an "ultrathin" design that is thinner than current iPhone models. The report did not mention a specific measurement, but previous...
First rule of Apple products: never buy the first generation of any new product. Let someone else be the guinea pig and sort out the inevitable quality problems and issues. Buy the next model a year later.
Apple's penchant for secrecy negates their ability to thoroughly test products in the wild in all sorts of conditions. First adopters are the beta testers.
I'm not buying, I sure hope my wife restrains herself from buying me one ;)
Chalk me up to one of the 90% not buying it. I also wonder when its time to put the money down on this, will consumers be more hesitant to drop 300 - 500 for such a product.
Saying it is one thing, actually spending the money is quite another.