All eyes were on Apple yesterday. CEO Tim Cook announced details of the first “Apple Watch” release.
The watch, which tethers to your iPhone, is set to price around $349 for entry level and we have read up to $10,000 for a fancy gold version. The question that we all have? Is Apple going to transform (or, really, define) the wearable computing market? Samsung, Apple’s nemesis, has watches on the market, as do other smartphone makers, but no one has yet to definitively set the standard for this market.
Alas, Apple has an opportunity to make us all think we all need one. The current “smart watch” market is around 4.6 million sold in 2014. Projections for Apple alone are around 10 to 30 million this year.
We are excited to hear about the new watch and see how the market reacts.