So far according to the reviews, the Apple Watch Series 2 is the Apple Watch that many believe Apple should have launched at the start, but we suppose better late than never, right? Unfortunately in this case, that doesn’t hold true. According to KGI Securities analyst Ming-Chi Kuo, he doesn’t expect the new Apple Watch to do much for the company.In an investor’s note obtained by Business Insider, Kuo seems to think that the Apple Watch Series 2 won’t help to boost the sales of the device. In fact if anything, he expects sales to decline. “Based on these considerations, we revise down our 2016F shipments projection for the entire Apple Watch line from 10.0-10.5mn units to 8.5-9.0mn units (vs. 10.4mn units in 2015). We now predict 2016F Apple Watch sales will decline from 2015 (with shorter selling time of eight months).”
So why is this? Kuo identifies four main “problems” of the Apple Watch Series 2 that could impact its sales. One of those problems is the lack of killer applications. Granted there are many apps available, but none of them seem to be compelling enough to warrant customers to want to purchase an Apple Watch because of it.
He also cites inadequate battery life, the fact that you still need to tether it to your iPhone, and that multi-touch is still probably not the best UI for wearables. Kuo is pretty well-known in the industry when it comes to his Apple predictions, so we wouldn’t be surprised if he latest predictions were to come true, but what do you guys think? Are you in agreement with Kuo’s predictions of the Apple Watch sales?
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