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Technology Stocks : Apple Inc.
AAPL 270.82-1.0%Dec 22 3:59 PM EST

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To: Ryan Bartholomew who wrote (165361)2/4/2014 6:57:01 PM
From: pyslent  Read Replies (1) of 213177
 
"But let's say it did achieve that level of penetration... would that generate $17 billion in additional sales?"

I made that estimate off the top of my head. Apple has shipped 472B iPhones to date. Apple would need to sell 56M iWatches @ $300 each to gross $17B. So maybe 1 in 6 active users is what would be required to achieve that revenue figure, totally unrealistic IMO. I might project 20 million in year 1, certainly not 56 million.
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