Apple Watch Will Be Available In Best Buy To Boost Sales

Apple Watch will be available in the Best Buy stores from August 7, which is expected to increase in sales for the company.

Apple Watch is expected to be launched on August 7, in collaboration with Best Buy Co. (NYSE:BBY). Around hundred Best Buy stores have recently been privileged to sell the giant’s new most-talked-about product in their stores, as well as in their e-commerce platform.

This is the first time in US that an outlet is getting an opportunity to sell Apple Watch officially. It is useful for consumers, as they can easily buy these items from nearby Best Buy outlets. At first, it was only available on company’s website through the online orders in April.

Apple Watch is a very well-constructed smartwatch that is ever seen. Like most of other smart watches, it is not just a separate device, but also a phone accessory. Android Wear, Samsung Gear, Pebble, and others work in similar way.

Initially, Best Buy will hold 16 Apple Watch models of sizes, 38mm and 42mm, along with accessories including the watchbands, but the retailers will not offer the ‘Apple Watch Edition’ because it is considered as the most luxurious item. Therefore, it is only limited to particular ‘Apple Store’ and high-end sellers.

Tim Cook, the CEO of Apple says, “We’re very confident because the Watch is one of the key, top gifts of holidays, and we wish to spread it as much as we can.” He further said that the sales of watch did exceed his expectations.

Analysts and some market experts estimated that initial sales of watch would be low. However, iPhone makers have not disclosed sales figure up till now. Senior Officer of Best Buy says, “Apple Watch will be a massive addition to all stores as well as our website. We are happy to pass Apple watch to more customers because we know consumers are waiting and they like it.”

The corporate giant has rejected to provide any real sales figures for the new product. It has already sold approximately 4 million watches up till now, various firms had calculated. Strategy Analytics states that the whole smartwatch industry – including Pebble, LG, and Motorola have sold around 4.6 million in the year 2014, and almost 5 million this year, before the Apple Watch’s entrance.

Currently, 19 countries have official permit to sell Apple Watches, also planning to dispatch in Russia, Turkey, and New Zealand as well. This might raise the bar for the competition and company itself. The company is attempting to take care of its product line.

Is Apple Capable Of Bringing A Positive Change To Beats' Position In The Market?

The iPhone makers are being questioned about their idea of acquiring Beats and analysts are now anticipating whether the firm will be able to put some quality into the famous headphones hardware devices.

Some analysts have emerged with an opinion in which they believe that the fact Apple took over Beats the previous year does not really make sense, keeping in mind the reputation of the headphones making company which was already quite shaky before it got taken over by the classic smartphone makers. The Beats headphones, which took over the headphone industry with its launch, were seen to attract quite a lot of attention of the users who were fans of music and music devices. These headphones brought about a huge uproar in the market which made all the fans want to get the gadget for their own. The gadget was priced highly at a starting price of $200.

However, all the hype which was created for these overly priced headphones turned out to be for nothing as the quality of the gadget was not as expected which disappointed the market at large. The fact that the quality of the sound coming out of these headphones was not good enough turned off quite a lot of users which degraded the product quite a lot. On the other hand, analysts believe that the fact that the Beats headphones were made so popular was because of the hype created by marketing strategies, something that it has similar with Apple Inc.

Even though Apple Inc uses extremely influential marketing tactics, it has never really offered a product or gadget to its users which are of substandard quality. So at the time when the iPhone 6 makers signed billion dollar deal to obtain Beats, analysts wondered if the software firm would be able to fix the issues the headphones are usually seen to have.

Apple has made its mark in the industry by producing hardware which is always of high quality. Even though the software company uses some products on its gadgets that are of low price to save expenditure, it has never compromised on good quality and this is what the customers of the Apple products are so fond of. This was the reason that analysts were surprised about the fact it acquired Beats, which had many quality issues.

Analysts now believe that the tech giant needs to see to the low-quality issues that Beats headphones have repeatedly emerged with and come up something that is capable of competing in the market. On the other hand, analysts also believe that in case Apple business does not have faith in Beats, it is possible in might come up with its own personalized headphones, designed with a special design it uses for the other products.

We Now Know The Reason Why Apple Vans Were Released In The First Place

The Caravans which were seen on the streets of New York were actually being used for the purpose of mapping, as explained in a recent report.

The Apple vans that have been attracting the attention of people all around New York raised quite a lot of speculation, from analysts believe it to be an indication that the software giant is working on a new car to rumors suggesting that a car with the company’s logo on it means nothing else but that the firm is planning to enter the automotive industry after all the success in the tech industry.

The fact that for quite some time, there have been a number of Dodge Caravans that have been spotted by people around the city is actually being used for something entirely different than what was initially believed by the tech industry has somewhat disappointed analysts. It still isn’t confirmed whether the firm is working on a car or not, but these vans were taken as a strong hint for the software giant to enter the auto industry. However, in the most recent press release regarding the iPhone makers, it was seen that these cars were released for the purpose of mapping in the first place. With special cameras and significant equipment to serve the purpose, these cars are being for an entirely different task.

It has recently emerged as a fact that Caravans that Apple has been using since a long time now are attached with LIDAR cameras which are used for the purpose of mapping. This is being said as Google has been seen using the same cameras for the autonomous cars that it has lately been preparing as well as for the Street View options that it has been working on. According to a report released by 9to5Mac, it was announced that the tech giant is planning to use these vans and the functions that they are carrying out for the upcoming Apple Maps app that planned to be released with updated software which works in a much refined way as compared to the previous version that was launched.

Apple software is working on this mapping app more than ever as it wishes to become independent in the field of mapping and not depend on other apps like TomTom that it currently is using. The updated Mapping app will be launched in the month of June at the WWDC and the analysts believe that the tech giant is going to make it big. The vans have been observed by the people who have seen them on the streets to be taking a 3D view of the streets and also to be taking a picture of the stores that it crosses.

Apple Inc Q2 Earnings for FY15 Preview

The iPhone makers are expected to report a rise in sales and revenue for the second quarter of the fiscal year.

Apple Inc has set the date of April 27, 2015 to announce the second quarter earnings of the company. The tech company has been receiving a lot of approvals and disapprovals all at the same time as equity firms cannot seem to agree on one perspective when it comes to the stock activities of the company. The majority of the financial firms believe that the iPhone makers are going to make it big this time around as well. However, equity analysts at Societe Generale seem to be very bearish about the stock as they have decreased their estimates for the upcoming quarter report.

Analysts at Stifel, however, are expecting Apple Inc to shock everyone with the extraordinary results that are predicted by them. These analysts are of the opinion that the consensus estimate is easily going to be surpassed by the Silicon Valley Company and there is no need for a debate about it. Analysts who have downgraded the shares of the iPod makers feel negative about the stock as they believe the Apple Inc Smart Watch is not going to work which might end up as a loss to the company.

According to the Street’s analysis of the revenue of Apple Inc, the numbers have come around at $54.9 million for the quarter. However, the Stifel analysts have become over bullish on the stock which is why they have ended up giving an estimate of $58.4 million for the sales of the tech company. One of the main reasons for their positive expectations is that the iPhone sales in China were carried out more successfully than expected.

The Street analysts believe that the earnings per share for Apple Inc will come around at$2.14 for the 2nd quarter of fiscal year whereas for the full year, the EPS has been estimated at $8.81 per share. As for the analysts at Stifel, the full year revenue generation has been predicted to be $231.2 billion. The analysts of the firm have also granted a ‘buy’ rating to the shares of the tech giant.

Currently, Apple Inc stock is trading at a price of $129.67 share value while the market value rests at $749.18 billion.