Monday April 13, 2015
// April 13th, 2015 // Daily News
Apple likely to boost watch production quickly: Analysts
Reuters
Apple is likely to quickly ramp production of the Apple Watch after strong pre-orders outstripped limited supply in the first weekend following its launch, some Wall Street analyst
Apple is widely expected to disclose weekend pre-order numbers at around 8:30 a.m. ET on Monday.
According to shopping data firm Slice Intelligence, Apple booked nearly 1 million pre-orders for the Apple Watch in the United States on Friday.
The Apple Watch, which allows users to check email, listen to music and make phone calls when paired with an iPhone, goes on sale officially on April 24.
“Based on our observations and media reports, launch day supply was largely sold out within the first 10 to 30 minutes depending on model,” Piper Jaffray analyst Gene Munster said in a client note.
Munster, who expects Apple to sell 2.3 million watches in the April-June quarter, expects Apple to ramp production between mid-May and June.
Bank of America/Merrill Lynch expects Apple to ship 4 million smartwatches in the quarter.
The Apple Watch is Chief Executive Tim Cook’s first new major product launch and the company’s first foray into the personal luxury-goods market.
The company will sell the gadgets in Apple stores and online as well as in trendy fashion boutiques in Paris, London and Tokyo as part of a strategy to position the wearable computer as a must-have accessory.
Despite mixed reviews, which praised the watch’s styling but criticized its less-than-spectacular battery life and slow-loading apps, people flocked to Apple’s stores to get a close-up look.
“We think the Apple Watch will be highly disruptive to the traditional fashion watch market,” Pacific Crest analysts said.
Today’s Inspiration
Be Prepared
by Joyce Meyer – posted April 13, 2015
Strength and dignity are her clothing and her position is strong and secure; she rejoices over the future [the latter day or time to come, knowing that she and her family are in readiness for it]! Proverbs 31:25
This woman’s strength and dignity are her clothing, and her position is strong and secure. This certainly must have increased her confidence. She isn’t afraid of losing her position or something bad happening. She boldly faces the future because she knows she and her family are prepared for it.
Proverbs 27:23 tells us: Be diligent to know the state of your flocks, and look well to your herds. Lack of preparation is one of the major causes for low confidence. Being prepared requires working ahead of time instead of putting things off until the last minute. Matthew 25 tells us of the five wise virgins who took extra oil with them as they waited for the bridegroom to come, but the five foolish virgins didn’t do anything to prepare. When the bridegroom was delayed, the foolish lost their opportunity to meet the bridegroom.
This same scenario happens to many people in life. They procrastinate until it is too late to take advantage of an opportunity that could have been a tremendous blessing to them. Knowing you are prepared for whatever comes will increase your confidence in an amazing way.
Lord, help me to be diligent and prepared for the opportunities You will bring my way. I want to walk in the confidence that I am always ready to go. Amen.