Apple Watch To Become Apple Inc.’s Most Successful Product

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Apple Watch To Become Apple Inc.’s Most Successful Product
ElisaRiva / Pixabay

The Apple Watch has received 7 million orders since it first hit the shelves in April. The wearable product from Apple is moving toward becoming the most successful product launch ever, believe analysts at Global Equities Research.

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Apple Watch outperforms all

To date, a total of 2.5 million watches have been shipped, says Trip Chowdhry of Global Equities Research, who cites tracking methods used by developers. Chowdhry told CNN Money that by the end of this quarter, the Cupertino-based company is estimated to ship 5 million Apple Watches, which is well above analysts’ estimates. If achieved, this sales number will outperform the company’s previous “new category” debuts such as the iPod, iPhone and the iPad.

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In 2001 when the iPod went on sale, a total of 125,000 units were sold in the first quarter. Six years after the iPod, the first iPhone was launched, selling 1.1 million units. In 2010, 3.3 million iPads were sold during the first three months of the debut. Apple could ship only around 50,000 Macs within the first three months of sale in 1984.

Based on these numbers the Apple Watch will undoubtedly be the most successful launch to date, driving ahead on a number of factors, including being the first product from Apple to launch in more than one country on the same day. In nine countries, consumers were able to place an order for the Apple Watch, with pre-sales going live on April 24. In contrast, international customers had to wait for months to get their first iPhone and iPad.

Factors pushing Apple Watch sales

Primarily, two factors will work in favor of pushing demand of the Apple Watch with the year passing. Word of mouth is the first factor that will fuel the demand of the watch. Chowdhry noted that every week “at least one existing Apple Watch owner is showing their Apple Watch to about 15 to 20 people,” adding that, on average, two of those friends or colleagues will buy the watch.

The second factor that will work in favor of the watch is Apple’s expansion into corporate sales, which started last year when it inked a partnership with IBM to produce enterprise-level software for iPads. Big names in the tech industry such as SAP, IBM, Oracle and Salesforce are developing Apple Watch apps, enabling employees to track sales metrics and manage their meetings.

Now all eyes will be on the Apple Watch, which is the first new product by the company in the past five years and the first one since Steve Jobs passed.

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7 COMMENTS

  1. society just doesn’t know better. The real game changing design just hasn’t been launched yet. So yes the Iwatch is the next best thing. I would like to present it to Apple. I tried to contact BlackBerry and help them as they are the underdog pertaining to the industry. Too bad the staff of BlackBerry are arrogant, no wonder they are losing the battle.

  2. perhaps you failed to grasp the satirical tone in my post? There really is not confusion on my part. I can easily discern those who know what they’re talking about and those who do not.

  3. Your confusion is due to equating “everyone in the blogosphere” with “people who know what they’re talking / writing about.” That would be a valid point for just about everything and anything that anybody might read on the Web.

  4. In what way do you consider it to be “the wrong design” ?

    It may be that “wrong” or “right” “design” is a matter of personal taste. If Apple only sells 5 million watches this year, and there are about 5 billion people on the earth, then perhaps there are almost 4.995 billion people on earth who share your taste. Or maybe not?

  5. I have had mine for three weeks. Things it does well:
    Fitness tracking
    Heartrate monitor
    Calls in car
    Text in car(speak to text)
    Notifications
    play music to my bluetooth headset when running
    Changing bands for workouts
    Calendar
    Maps

    Excited for
    A car app
    A nest app
    The apple TV integration, (when I get one)
    Connect to all the internet of things.

  6. I’m really confused. Everyone in the blogosphere is saying the Apple watch is a “complete failure”. That “Cupertino has lost it’s edge and can no longer innovate”. Screams of how “Tim Cook should go” and that “Apple is doomed”.

    Thanks for some numbers Aman! Lets see how the clueless deal with the real facts that disprove their ludicrous statements? HAHAHAHA…I’m laughing all the way to the bank.

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