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

SAN FRANCISCO Fri Jun 6, 2014 8:50pm 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 (4)
Neurochuck wrote:
To be called iWatch ?
or weWatch ?
or theyWatch ?
“Don’t leave home without it”
(or you will be arrested and investigated ?)

Jun 06, 2014 10:36pm EDT  --  Report as abuse
SanPa wrote:
OMG. An Apple swart watch. I have to own one. Its from Apple, so it will have to be great. And the cost … big deal, I’ll just put off buying Starbucks’ mocha lattes for 5 weeks.

Jun 07, 2014 12:55pm EDT  --  Report as abuse
nose2066 wrote:
The people who buy these things must live in a completely different universe from ordinary folks. Has anyone ever tried to buy a clock (yes an old fashioned device that only keeps time) that actually works and doesn’t fail in some way???

Jun 07, 2014 2:14pm EDT  --  Report as abuse
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