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Apple Watch Demand Flattening as 42mm Models Estimated to Represent Over 80% of Orders

May 22, 2015

Joe Rossignol, reporting for MacRumors (excerpt below). KGI Securities analyst Ming-Chi Kuo has a decent – and the best – track record among financial analysts in getting inside information and/or predicting Apple developments.

KGI Securities analyst Ming-Chi Kuo issued a note to investors today that claims Apple Watch demand may be slowing down, resulting in shipment forecasts being revised down by 20% to 30% to 5-6 million units in the third quarter.

Kuo expects total Apple Watch shipments to fall within the 15 million range for the 2015 fiscal year, lower than the consensus of 20-30 million units, but remains upbeat about the Apple Watch and long-term wearable trends.

KGI also estimates that the 42mm model drives 80% of shipments. That’s based on information about the production split and on order shipment times.

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Filed Under: Apple, Smartwatches

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