CUPERTINO: Apple Inc unveiled the "Apple Watch" alongside two new iPhones with sharper and larger displays on Tuesday, calling the wearable device the next chapter in its history.
The first new product to be developed and introduced under Chief Executive Officer Tim Cook's reign is a wearable device tethered to the iPhone that will combine health and fitness tracking with communications.
Bernstein Research analyst Toni Sacconaghi estimated on Tuesday that if Apple were to sell 30 million watches at $250 each, it would add about $7.5 billion to its revenue.
Rival electronics giants such as Sony Corp, Samsung, LG Electronics Inc and Qualcomm Inc have already launched smartwatches, albeit without much success.
The pressure had been on for the world's largest tech company to wow at its "special event" in Cupertino. The prospect of the Watch had attracted a broader swathe of attendees than usual, with celebrities, fashion industry editors and even healthcare executives rounding out the mostly tech-industry crowd.
No comments:
Post a Comment