Apple's (AAPL) Unannounced 'iWatch' Market May Already Be 60M Strong
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March 12, 2013 2:19 PM EDT
With Google (Nasdaq: GOOG) Glass said to launch before Christmas and rumors of an Apple (Nasdaq: AAPL) iWatch, 2013 and 2014 could be the biggest years in tech gadget history.
Google Glass is a reality augmenting wearable computer with a head-mounted... More
March 4, 2013 12:31 PM EST
Onlookers have laughed off Apple's (Nasdaq: AAPL) possible iWatch product as somewhat of a joke - at least in terms of what benefit it will have for the company. However, what these critics fail to realize is that watches are BIG business with amazing profit margins.
According to a research report from Citigroup today, the global watch industry will generate more than $60 billion of sales in 2013 and will grow at least +7-9% in 2013. If smart... More
