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Catching Up With Apple Analysts: iWatch Won't Be A 'Needle Mover,' Not Enough Wealthy People Left To Buy iPhones, Larger-Screen iPhone 6 Could Lift Shares To $600

Another day, another round of financial analyst takes on Apple. Today’s reports delve into how the rumored iWatch would add to the company’s innovation cachet more than it would to cash, why the pool of wealthy people in the world won’t be enough to sustain iPhone unit growth, and how the iPhone 6, expected to be released next year, could trigger iPhone upgrades and lift Apple’s shares.• The iWatch. Apple could sell between 5 to 10 million smartwatches in the first year of its release if the company convinces 2 to 4 percent of iPhones users to buy such a $350 gadget , according to Gene Munster, an analyst with Piper Jaffray. If Apple sells 7.

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08 Oct
Forbes Tech News @ForbesTech
Apple analysts say the iWatch won't be a 'needle mover' and look at prospects for iPhone buyers http://t.co/V30EPAKBrr