Apple is going to launch the iWatch later this year. The company is not known for its cheap products. But will people pay $350 just for a smartwatch? A new report from Piper Jaffray, based on a survey of 100 people, seems to suggest that only a small number of folks would be interested in purchasing a $350 smartwatch from Apple. Of course, I do expect people to change their mind once Apple’s marketing machine starts promoting the iWatch.
It is not clear how much Apple will ask for its iWatch. We could see multiple models with different prices. Nevertheless, Apple should be able to sell a ton of iWatches this year unless something strange happens.
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