Apple Has Sold Over 3 Million Smartwatches: Analyst

The Apple Watch is available on pre-order and the delivery estimates keep getting larger as demand surpasses all expectations. The principal analyst of Think Big Analytics, Carl Howe, has reported that the Apple Watch has sold 3 million watches already and as the production moves forward, Quanta will start manufacturing 2 million units a month for the coming last two months of Q2.

According to the estimates, the cheapest Apple Watch Sport will sell the most units and will ship 1.8 million units. The Apple Watch will come in second at 1.2 million Steel watches while the most premium watch, dubbed Edition, is expected to ship 40,000 units.

Gross margins on the Apple Watch should exceed 60% making it the most profitable Apple product ever

These are numbers for the first two weeks worth of sales for the watch. According to Carl Howe, the gross margins on the wearable should also exceed 60% which should make the Watch, the most profitable Apple product ever.

He states:

“[The electronics] in the expensive models are the same ones used in the Sport models, and they just don’t cost that much. And while adding Gold cases and designer bands add cost to the bill of materials, the costs are small compared to the price premiums paid for these products.

Unlike in the consumer electronics business, I see no pressure for prices to fall and if anything manufacturing costs will, resulting in a very profitable business.”

How acknowledges that his estimates are educated guesses but given his credible name these should be close to the real numbers. He has based his guesses on the data from Slice Sales Data, polling on model orders and Quanta Production estimates.

apple watch revenue

If the numbers come out close to reality, the Edition Watch will have only a tiny sales number but bring in significant profits, in true Apple fashion. The sales estimate a revenue of $2 billion which will be almost equally divided amongst the three editions of the watch.

Given the numbers and pre-orders, Apple still might not be able to match demand for its Apple Watches in terms of production.

He is the Editor at ProPakistani.


  • Mubashar Saleem

    @aadil Most of the people who visit ProPakistani also know about GSMArena. Stop copying posts from there and tell something new.

    • Aadil

      Sorry to say but it wasn’t a copy, nor was the source of the article gsmarena.
      Besides propakistani is tech blog. Almost all the news that gets published here is on other websites as well but that does not justify that we stop posting news that’s already been covered on any other website. For readers, who mainly follow propakistani, they have can get all the news and stories from a single source.
      If there’s anything thing else you want to ask, I’ll be happy to answer you.

      • Taha Najam

        At least credit the source by providing the link at the end of the article. Basic journalistic courtesy.

        • Aadil

          The Web page design lacks space for mentioning the source. So it’s not up to the writer.
          Sources are mentioned out of courtesy and to make the article more credible. Basic professional writing etiquette.

      • Devil

        This is a shamelessly ripped article that was published in bgrcom long before it was put up here. Link the source at least if you want to copy their work.

        • Aadil

          The words ripped and copy mean plagiarism and there’s none of that in this article. Please refrain from using them.
          News is always sourced from somewhere and that’s how news spreads. There’s is nothing wrong with spreading it.
          The Web page design lacks space for mentioning the source.

  • shujaswati

    Gay product for gay people.

    • Devil

      Interesting. You must be gay too to spot the “gayness” in this product since nobody else did.

      • shujaswati

        seriously bro? that was a sarcasm!!

        • Devil

          NO ONE would find your comment sarcastic. You need to try harder with your sarcasm.

          • shujaswati

            • Devil

              Right got it. You do not know what sarcasm even means.