Apple Watch News: Most profitable publicly-traded company in the world and techno giant Apple Inc. is previously repeatedly in news for a while. Delightfully not for well-famous iPhone but for Apple Watch. The next Apple watch is expected in September, two weeks from now, on a yet to be disclosed date. Referring to reports by KGI Securities analyst Ming-Chi Kuo to investors, wrist device will incorporate cellular connection [LTE Chip-system]. Upcoming model Apple Watch 3 is expected to possess special feature as Better battery life, improved display lying in price range £369 – £399.
Apple Watch: LTE Growth, Expected 20 Million Units Sales Next Year
Keeping investors’ data in mind, The new LTE Apple Watch could ship up to 20 million units next year. The main speculations behind this are privileges of cellular connectivity on an Apple Watch. Thus Apple users can have useful information from the cell without even carrying their iPhone while leaving the home.
While the question of the day is – Will any cellular provider is going to implement free data plans?. So there’s likely to be a supplementary monthly data cost as well. Costs are obviously not seemed to be so outrageous at the same time. But expecting less than 5$ for Apple products is not way too good.
Kuo wrote another note to investors illuminating that LTE does never mean watch will be able to place and receive calls. Rather watch has to be connected via Tethering to iPhone. Apple Watch: LTE Growth, Expected 20 Million Units Sales Next Year: shipments expected to reach 15 million in 2017 and pros and cons of cellular wrist device. LTE compatibility rather will be helpful for data transfer. For example, the person who is out for jogging with apple watch can opt out for songs from Watch play list or his/her iPhone playlist as well.
Apart from this, profit ratios today are like Profit as % of Revenues – 21.2%, Profits as % of Assets – 14.2% and Profits as % of Stockholder Equity – 35.6%. Apple Inc. (AAPL)157.53 -0.33 (-0.21%). Official Website of the same is www.apple.com. Acquiring a total of 116,000 employees, Chief Executive Officer & Director Timothy D. Cook will keep us updated with upcoming news. Thus stay connected with us for more relevant updates like Apple has allocated $1 billion in its budget to acquiring original video content, according to The Wall Street Journal.