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By codereflex
Published: Apr 04 2013 / 12:24

“Beam me up Scotty”, and lets go to the next dimension! A Star Trek reference is the only suitable innuendo because we are talking about the unknown. In good old Apple fashion, the information regarding the new rumored Apple iWatch has been kept top secret. The only notion of its existence originated from a reported patent filed by Apple for a wearable device that boasts a full length flexible touch screen display that conforms to the user’s body. On one hand, it could be the greatest technological advancement since the wheel. On the other hand, it could be a slap bracelet with Siri giving your daily horoscope. I wonder if Samuel L. Jackson will be available for that commercial.
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AMIT KUMAR SINGH replied ago:

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Apple is re-defining Watch by it's iWatch something similar that Google did with Glasses. Apple is known for it's innovation as they brought iPhone, iPad etc. They can gain 10% marketshare of watch industry with iWatch. Watch industry worth $60 Billion. ,Apple Inc. Could Generate $3.6 Billion In Profit From iWatch Apparently, the world’s most valuable technology company’s decision, launching of iWatch, might be convincing for others. But many still believe that it would be one of the biggest diverting products ever by the company. Frankly speaking, it would be one of the low-value and insignificant projects for Apple. At present, the global watch market is worth $60 billion. If Apple Inc. succeeds to capture 10% of of it, then the company could create $6 billion in revenue. In addition, consider if the company is making 60% of margins on each product, then it could generate $3.6 billion in profit from its watches.

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