Apple Expects to Sell 1 Million Watches During Opening Weekend, 8 Million in its First Year

Gene Munster, an analyst from Piper Jaffray, has stated in his recent research that Apple Watch sales could reach over one million units in the opening weekend. The unit buyers are said to be all from pre-orders and launch sales and does not include customers who are just arriving at Apple Stores and buying the gadget after its release.

Therefore, the sales figure estimate is expected to be much higher than previously anticipated, having Muster’s numbers for his predictions coming from loyal customers who are keen to get their hands on a Watch on April 10th. He also is said to expect Apple to sell about 300,000 units in the first 24 hours, having it be a 6% attach rate on iPhone 6 and iPhone 6 Plus pre-orders.

Muster is said to even predict that Apple is going to sell 8 million units during the first year, adding a $4.4 billion revenue to the company. Given the prediction, 40 to 50 million units should be sold by 2017, accounting for 10% of Apple’s revenue for the first year. This will also indicate that about 8-10% of iPhone users will be wearing a watch in the future.

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