Apple Watch tipped to smash profit recordApril 21, 2015 - 15:59 AMT PanARMENIAN.Net - The Apple Watch could be the Cupertino firm's most profitable device yet, according to an industry analyst, Digital Spy reports. Carl Howe from Think Big Analytics predicts that the wearable's gross margins will exceed 60%, with revenue of $2 billion in its first two weeks. Apple has not revealed how many watches it has sold since pre-orders began on April 10, but Howe believes that its initial run was around 3 million units. Although this figure is less than what the iPhone 6 and iPhone 6 Plus moved in their first weekend, it sets a new record for a smartwatch. Howe claims that Apple capped its initial Apple Watch stock to ensure that inventory costs were as low as possible. The Apple Watch will be released on April 24, but customers will not be able to purchase the device at Apple Stores on this date due to supply limitations. Staff will prompt buyers to complete their order online for the time being. Photo: Apple Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says. Freedom House concerned by mounting reports of police violence in Armenia Freedom House urged Armenian authorities to investigate this pattern of excessive force and inhumane treatment. |