Thanks to Massive Demand, Apple Working to Accelerate its Smartwatch Production

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Thanks to Massive Demand, Apple Working to Accelerate its Smartwatch Production

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Seems like Apple itself was dubious about the success of its first wearable, and ordered production of a limited number of Watch units. The demand of the Apple Watch, as forecasted by the US tracking firm Slice Intelligence, hit almost one million on its first day of pre-order, which outstrips the supply of the watch. As per Reuters, the consumer electronics giant is likely to speed up the production of the Apple Watch to meet the towering demand.

Analysts have predicted that Apple could see a total of 2.3 million to 4 million sales by June end. Meanwhile, Apple didn’t disclose the pre-order details on Monday as part of its usual strategy, and analysts are stating that this may be due to supply shortage.

Apple watch 1

A demand of 4 million is a great start for a company debuting in the wearables segment. Another Swiss analysis firm USB has revealed that the tech behemoth will sell as much as 16 million watches in FY 2015 ending September and 40 million in FY 2016.

Apple Watch was unveiled at the March 9 event and went up for pre-orders on April 10, and on sale on April 24.  World over, the Apple Watch stores saw a huge flock of people patiently waiting to get a closer look at the personal luxury by Apple.

All these speculations point out to the fact that the fate of the Apple Watch was predicted wrongly by critics; they believed the device to be a worthless gadget with aggressive pricing.

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Meenakshi Rawat
Meenakshi Rawat
iGyaan's newbie Meenakshi handles content at iGyaan. She is an ultimate foodie, loves travelling and likes to read.
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