All posts from in,

Apple Watch Selling At High End Of Estimates [REPORT]

The Apple Inc. (NASDAQ:AAPL) Watch, on average, sells for $529 inclusive of accessories. This number is actually at the high end of Wall Street estimates, according to the findings by the research firm Wristly (via Reuters).

Findings positive for Apple

Wristly surveyed more than 2,200 Apple Watch owners, and most of them pegged the average selling price between $425 and $550. Wall Street analysts are still in the dark when it comes to the watch, as Apple has not yet revealed the sales figures for the gadget. But the survey from Wristly suggests that some investors might have underestimated the profitability of the watch. Initially, many analysts estimate the watch to have hit an average selling price of over $500...