Apple CEO Tim Cook has announced that the Apple Watch will be delivered within a month of being pre-ordered. All of the company’s initial stock of smartwatches was sold within minutes of being made available for pre-orders. Apple Watch was the Cupertino-based company’s first venture in the wearable market. Crowds of people rushed to Apple Stores around the world to see the Apple Watch. Apple predicted that demand would outstrip supply when the product was launched. The Apple Watch’s initial sales were “great”, according to Mr. Cook. You can pre-order the Apple Watch online, and have it tested in stores by appointment. However, they can’t be taken home from shops. Customers only got to see a demonstration model in the stores and nothing more. Apple claims its smartwatch can give you an accurate picture of all your activities throughout the day. Activity’s three rings show you your progress each day and can motivate you to move more, sit less and exercise. The advanced sports watch also provides real-time statistics for many of your most favorite workouts. CNBC interview: Apple. Mr. Cook stated that this was a sign of strong demand and very little supply. As demand increases over time, we expect modest sales for the June quarter. Will these strong sales keep going? The demand is being closely monitored by investors, who are particularly interested in whether strong sales can continue after initial enthusiasm from Apple loyalists. The Apple Watch will be available for purchase online or in-stores by appointment on April th. This is part of Apple’s marketing strategy to make its wearable computer a top accessory. The company informed customers that some models would arrive in June, and others could take six weeks. This was just moments after they opened pre-orders online Friday. Source: Apple Inc. In an effort to quickly make some quick bucks, a couple of opportunists placed orders on eBay for confirmed watches. The Apple Watch starts at $349. The standard Apple Watch is available in the US at $549. Prices soar to as high as $17,000 for versions with 18-karat gold alloys. Review – The good, the bad and ugly Reuters quotes Alex Gauna from JMP as saying that long waiting times would likely increase demand. You would like to catch up before the holidays. Gauna stated that there is no danger in the near future of customers switching to an alternative smartwatch because of what I’ve seen in Android Land. Although most Apple Watch critics agree that it is stylish and beautiful, some have criticized its battery life and slow loading apps. The Washington Post quotes Christopher McNulty from Georgetown University, who was apparently impressed by the watch’s demo version. McNulty stated that “I feel as if I’m constantly on it.” It’s like I have it on me all the time. Global Securities expects that the Apple Watch will sell 40 millions 2015,, compared with nearly 200million iPhones in 2014.. Societe Generale, a French multi-national banking and financial service company, believes that the Apple Watch will be the most popular smartwatch on the planet. It is expected to account for about 55% percent of global shipments. This compares with the largely successful Fitbit, Sony, and Samsung. Video: Apple Watch
