Ornatus-Mundi[Zenith]
7136
Likely - Slice today further detailed that Apple sold 3 mio. watches in the US...
since launch at an average price of US$ 505. Now let's calculate: that's a revenue of 1.5 billion US$. Now the estimated bill-of-materials for the entry level Sport watch is about US$ 82. 2/3 of all Apple watch sales are the Sport watch. Thus, I guess it is safe to assume an average manufacturing cost of US$ 100, which translates into a profit of approx. US$ 1.2 billion just in one quarter and just from one product.
And these are the numbers for the
US only.
A failure in my opinion looks different.
Magnus
This message has been edited by Ornatus-Mundi on 2015-07-13 05:42:14
The world is crumbling...
By: patrick_y : July 10th, 2015-19:08
China's stock market is crashing. Greece is defaulting. Europe is in turmoil. The United States is having major economic issues. The Rich are getting richer, when The Poor are getting more destitute. Running out of natural resources. Amazon Rainforest get...
I'd wear it!
By: patrick_y : July 11th, 2015-11:25
That's a good idea... An App for the Apple Watch that was like your conscience. My "Conscience App" should have... 1. Napkin usage monitoring. 2. Buzz sound when I take a shower longer than ten minutes. Especially since I live in California where there is...
Wait til 2nd or 3rd gen
By: jml_watches : July 10th, 2015-16:15
Hi I think it'll be rather like the iPhone- the first one was good but by the second & probably the 3rd gen they'd properly nailed it. It could also be a step too far - there's still no killer app or reason for having/needing one v I like Apple stuff ...
A gadget...
By: rnaden : July 10th, 2015-18:05
That's what I think it is. Similar to all other smart watches that have come out, Apple's advantage is a cohesive design and a huge fan base. However, where I think this will fail, and it looks like it is headed the way many others in this space have gone...
Failure compare to what?
By: tom2517 : July 12th, 2015-09:17
Compare to iPhone, yes, it's a giant failure, but compare to any other watch company? Not so much, even if they only do 5M watches, that's 2B, if they sell 10M, that's close to 5B, how many watch companies are bigger than that? As long as Apple keep makin...