Apple (NASDAQ AAPL) introduced a new line of product on Monday. The Cupertino based technology company came up with the Apple Watch product which is the newest product in the wearable technology segment. Amid much speculation and expectancy, Apple showed the features and specifications of the product, along with the price range. Despite the let down in terms of features and specifications, Apple watch certainly scored well in terms of the price range. This has led to a positive outlook from various analysts who now believe that the Watch may indeed become a successful product.
Here in this article, we will take a closer look at some of the major Apple Watch features which stand out for the users. We will also look at the various price ranges and how they would actually effect the users. With so much variety to choose from, it would be intriguing to see how the watch pans out in the market, once it is released.
Apple would be releasing the Apple watch in around a month’s time from now. While no one is expecting it to pan out like an iPhone product, analysts have been weighing in on how this product might be received in the market. The analysts have all moved their price targets on a higher range, with everyone expecting the Apple stock to perform well in the coming days.
Apple Inc (NASDAQ AAPL): Apple Watch
Apple Watch comes in with features which have not really lived up to the billing. The Apple watch product actually has a battery life of only around 18 hours which is underwhelming as the market expectation for the battery was around 24 hours. While the watch can be used as an analog device, it still falls short of hopes.
Apple watch also has a cool water resistant feature. The storage space provided in Apple Watch is that of 8 GB which would again annoy a lot of users. Out of those 8 GBs, around 2 GB can be used for Music. The biggest catch in all this is the price range which varies from $349 to $10,000-$17,000. While the gold version of the watch is certainly over-priced, the $349 version is one which gives a lot of hope to the Apple stock analysts.
Apple Inc financial news (NASDAQ AAPL)
Apple (NASDAQ AAPL) currently is a stand out stock. The stock has been around the $125 levels and there is a lot of expectation for the stock to go above the current levels with the release of Apple Watch.
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