iWatch Rumored To Cost Only $299, Rumored To Bring In $17.5 Billion In Just 12 Months

Smartwatches are still in their early days, having the first of their kind hit the market and manufacturers just started looking on how users are appreciating and utilizing the gadgets. Some may not be so awesome as the Galaxy Gear, but others have potential, having Pebble, Toq and other in mind. More are to come, but we will just have to wait and see what their impact will be when people start using them.

However, Apple is one of the main manufacturers which people are looking forward to bring the ‘revolutionary’ smartwatch to the stage, the iWatch. According to analyst Katy Huberty from Morgan Stanley predicted that Apple may sell $17.5 billion worth of iWatches in 12 months after the gadget’s initial release. Currently, it appears that there is no way of telling for certain when, or even if, Apple will launch its rumored smartwatch, but it could happen somewhere at the end of this year.

But having to believe the news about Apple selling more iWatches to customers who do not own an iOS device is proven hard to believe at the moment. The iWatch is rumored to be priced at $299, the same price rumored for the upcoming second generation of Galaxy Gear announced by Samsung which is bound to hit the stores in September. Whether it is a market strategy or coincidence, we will never know for sure until we see both competing on the selves.

Thank you Phonearena for providing us with this information