After the immense success of the Apple watch first generation, speculations say that Apple is also going to launch their second generation of the watch with Apple iPhone 7. Apple was the first company in the whole world to bring the concept of the wearable technology lives in front of the users.
Earlier than Apple the concept was in form of an idea for the companies. IT was only Apple who brought this into reality. The news has been brought to us in front by a very reliable blog Digitimes about the plan of the Apple. Apple has already started receiving the consignment of the chips and the other components required to make the watch. The company already seems to be in action for the same.
According to the sources the company is expecting a tide boost in the sales of the iPhone 7. Apple is all set to be selling the iPhone 7 in the market, the official launch is in September. The company also expects to be selling at least 2 million Apple second generation watches with the phones in month of September.
KGI estimates the total sales of the Apple watches at lesser than 7.5 million this year and Apple is trying to produce at least 2 million. It is estimated that by 2020 Apple would be taking at least 40 percent of the sales of the market for the Apple watches. The margin of error for Apple is too small this time. They have faced huge loss in the market last time with Apple iPhone 6. It was a huge setback for them. They cannot afford any other costly mistake this time. Tim Cook is looking to fill the gaps left after last year’s release. A lot of investors were not happy from Apple’s performance however the company assures to keep them happy this time.