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.
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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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