Apple Watch May Be Apple’s Biggest Launch Ever
The Apple Watch had an impressive debut on Friday with nearly a million buyers putting down an average of $503.83 each for the privilege of being one of the first to wear the lust-worthy wearable. Available stock sold out in just six hours, setting the Apple Watch on track to have the biggest new product launch in the company’s history.
The iPhone is likely Apple’s most successful product ever but when it was released back in 2007 the pioneering smartphone required 74 days to hit the million mark. Of course you do have to factor in that the iPhone was available through only one wireless carrier (AT&T) and came with a price tag much higher than other cell phones at that time. The original iPad took 28 days to sell a million units in 2010.
One expert in finance who thinks that the Apple Watch will definitely be the biggest product release so far for the tech giant is Neil Cybart of the Above Avalon blog. Cybart told The Huffington Post, “It’s pretty clear that with the Apple Watch, Apple will have its largest product launch.”
One reason that Apple was able to rack up so many pre-orders so quickly was that unlike earlier products, the Apple Watch was launched in other countries at the same time as the U.S. release. “The big thing here is the country rollout,” Cybart said. “It says a lot for how many units Apple can actually sell.”
For now the big question will be how many units can Apple actually produce. Wait times for delivery already go into the summer for some models so it could be quite a while before those who didn’t jump online early Friday morning get another chance to order an Apple Watch of their own. Apple is encouraging potential buyers to patronize their online store so at least buyers of their first smartwatch can avoid standing in long lines at the mall.
