Im amazed by the amount of watches they predict apple will sell this year, 22,000,000? 33,000,000 next year. I never knew so many people wore watches, sounds like they will sell more watches in 1 year than any other company who has already produced these new tech watches over the last 2 years! How many moto 360s were sold since being introduced? How many Pebbles? how many Samsung gear watches? I found this in an article.... All in all, Canalys believes “nearly 5 million smart and basic wearable bands shipped in Q3 2014” worldwide. That results in a 1.66 mil monthly average for July, August and September..... Think about that, 5 million shipped world wide in one quarter.....and they think apple will do 5,000,000 alone in one single quarter, there is a lot of hype coming out of apple and this watch, it better be big because if it isn't these tech watches will just be a fad! Read more: http://vr-zone.com/articles/wearabl...s-motorolas-moto-360/83909.html#ixzz3SETALBct Wall Street has relatively modest expectations for the upcoming Apple (AAPL) watch, but the company may be aiming for a much greater immediate impact. I’ve been tracking Wall Street analyst forecasts for the watch, which will go on sale in April. Apple has said only that it will offer models at three main price points, but of the prices, it has disclosed just that the low-end watch will self for $350. Analysts have had to make numerous assumptions to fill in the blanks and forecast how much impact watch sales will have on Apple’s finances. On average, analysts expect Apple will sell 22 million watches this year and 33 million next year, according to the 17 reports I have cataloged. With an expected average selling price of $450, most analysts are predicting that sales of the low-end model will dominate. (The average price is a weighted average based on proportion of sales.) With those assumptions, Apple could generate almost $10 billion of new revenue this year and $17 billion next year. That’s a huge amount of sales for most companies, but Apple had revenue of $200 billion last year generating net income of $44 billion. This week, the Wall Street Journal reported that Apple had ordered manufacturers to build 5 million to 6 million watches ahead of the April debut. [Get the Latest Market Data and News with the Yahoo Finance App] The breakdown, according to the Journal’s sources, was said to be 50% of the low-end model, 33% at the middle tier and 17% of the highest-priced, 18-karat gold edition. The gold watch will sell for more than the $4,000 cost of Apple’s most expensive Mac computer, according to the report. If consumers go along with Apple’s reported watch mix, and one in six opt for the gold model, the average selling price will be much higher. Assuming $500 for the midrange model and $5,000 for the gold watch, the average selling price comes out to almost $1,200. Start modeling those assumptions and pretty soon Carl Icahn’s Apple target of $216 looks a lot more reasonable. New revenue could total $25 billion this year and $40 billion in 2016. To be sure, even if the Journal is correct, consumers may not be as enamored with the watch as Apple expects. There is no precedent for selling a luxury gadget at $5,000, especially one that may become outmoded every year or two. And the first-generation Apple watch will have limited battery life and require an iPhone for many functions. Even after sales commence, analysts may still be left making assumptions. Apple said last year that it won't break out watch sales in its results as it does for sales of the iPhone, iPad and Mac computers. Instead, revenue from the new gadget will be lumped in a grab-bag category that will also include sales of iPods and Apple TV boxes. But with more chatter about the watch, expectations are already rising. Apple shares hit an all-time high of $129.03 on Thursday and have gained 17% so far this year even as the overall market has done little. Further big gains may depend on the popularity of a $5,000 gold watch.
And another fresh high for the Nikkei ... Fresh 15 year highs... Up again 58 tonight to 18323 !!!! 30,000 by end of 2015!!!
Whats going on, I held 1/2 XIV and ERX for a reason thought we would see another rally going into the weekend, now the dow is back below 18k and the s$P is back down below its highs, This is some scary stuff, there can't be a selloff going into the weekend, this will put many people on edge! Glad I sold 1/2 XIV yesterday, whewwwww Not worried I have a feeling everything will be bright green by mid day! As Im writing this the dow is only down 77 points, was down over 100, there is still hope for a huge rally!
you just can't keep the nasdaq dow, was falling to intraday lows and like magic its down a huge 9 points!!! they want 5000 so damn bad...and they won't stop until they get it
Told you ..markets in rally mode only 1 hour later from opening. There is nothing that can stop this market, this was the best buying opportunity, the next one comes in July or August, for now its straight up...
nasdaq GREEEN, S$p and dow to follow in next 5 mins, greatest bull market that has ever lived!!!! BUY any 8 point dip and make free money
one word UNFUCKINGBELIEVABLE!!!!!! That turn around was a work of art! It was perfect, everything came together flawlessly!!!!
These are the headlines taken right from cnbc moments ago!!!! One says no bailout deal reached as of yet and on the same page below it reads Greece strikes Deal!! GREK is up 5% Greek govt. spokesman: No bailout deal reached as yet EUROPE NEWS Eurogroup, Greece strike deal to extend bailout: Reuters, citing Greek official CNBC.com staff | @cnbc 4 Mins Ago