Apple Watch Is the next, completely new product after iPad that is to come from Apple Inc. (NASDAQ:AAPL) and expected to act as another major source of revenue for the Cupertino-based company. The watch is already receiving rave reviews as a one of kind fitness gadget that is expected to take Apple to another level in the hardware space. During an interview to Re/code’s Kara Swisher on CNBC, The U.S. President, Barack Obama, reiterated his belief on Apple devices notably iPad’s and the upcoming iWatch that he is more than ready to give a try as a workout accessory.
“I don’t have a fit bit yet, but I work hard. Word is that this Apple Watches might be a good companion for my workout so I am going to see I am going to test to that. I don’t want to give Tim Cook too big of a plug here until I have actually seen the product. But he tells me it is pretty good,” said Mr. Obama.
Apple Watch is not the only gadget that is keeping Obama glued on Apple Inc. (NASDAQ:AAPL) devices. The president is apparently a great fanatic of the iPads another one of a kind product from Apple. The sales for iPads have not been that impressive but with Obama reiterating confidence in them, goes to show that they are still one of the best in the tablet market.
“When it comes to ball games am still usually watching on TV DVR but when it comes to highlights am usually watching them on an iPad. [..] I use a BlackBerry mainly because I am so restricted in what I can do that it is basically just messaging, and it is still easier for me to tap. But, basically most of my none work related stuff I am working off the iPad,” said Mr. Obama
A number of investors and financial institutions have already affirmed belief that Apple Inc. (NASDAQ:AAPL) could sell millions of units with the Apple watch upon unveiling in April. The biggest concern at the moment is whether the wearable will be an ongoing product like iPhones to ensure the company has a reliable revenue stream. It is still unclear whether consumers will feel the need to continue upgrading with new versions.
Apple Inc. (NASDAQ:AAPL) could be in for a good ride in terms of Apple Watch should a good percentage of iPhone owners decide to give it a try. IPhone 6 is already registering strong demand, and an introduction of the iWatch is only expected to supplement the company’s product cycle translating to improved revenues. The watch is expected to come in several configurations both targeting the high-end and the low-end markets.
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