Apple to make 3-5 million smartwatches monthly, sales begin October: report

SAN FRANCISCO Fri Jun 6, 2014 4:34pm EDT

The Apple logo is pictured at a retail store in the Marina neighborhood in San Francisco, California April 23, 2014.  REUTERS/Robert Galbraith/Files

The Apple logo is pictured at a retail store in the Marina neighborhood in San Francisco, California April 23, 2014.

Credit: Reuters/Robert Galbraith/Files

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SAN FRANCISCO (Reuters) - Apple Inc is preparing to sell its first wearable device this October, aiming to produce 3 million to 5 million smartwatches a month in its initial run, the Nikkei reported on Friday, citing an unidentified parts supplier and sources familiar with the matter.

Specifications are still being finalized, but the devices are likely to sport curved OLED (organic light-emitting diode) displays and sensors that collect health data from blood glucose and calorie consumption to sleep activity, the Japanese news service cited industry sources as saying.

The industry has long expected Apple to unveil some sort of smartwatch, following the release of Samsung Electronics' Galaxy Gear watches.

Wall Street is hoping to see a new Apple product this year to galvanize the former stock market darling's share price and end a years-long drought of ground-breaking devices. CEO Tim Cook has promised "new product categories" in 2014.

Apple declined to comment.

(Reporting by San Francisco newsroom. Editing by Andre Grenon)

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Comments (5)
LaughingBoy48 wrote:
Here, Apple. Take my money. I want all the sensors I can get to monitor my bodily health and welfare. I don’t need another wrist-watch to tell me the time, but a personal health device is something I can definitely use.

Jun 06, 2014 5:18pm EDT  --  Report as abuse
AZWarrior wrote:
Watching Apple and Samsung compete head to head is a consumer’s delight. Good things happen with price and innovation when you have a capable competitor. This is where Apple must win – in the marketplace, not in the courtroom.

Jun 06, 2014 5:29pm EDT  --  Report as abuse
AlkalineState wrote:
1st Gen Smart Watch:

Looks like a Dumb Watch, but has has an apple on it. Tells time in “Genius Minutes.”

2nd Gen Smart Watch:

Same as above, but available in white.

Jun 06, 2014 7:32pm EDT  --  Report as abuse
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