Apple to make 3-5 mln smartwatches monthly, sales begin Oct - report
SAN FRANCISCO (Reuters) - Apple Inc is preparing to sell its first wearable device this October, aiming to produce 3 million to 5 million smartwatches a month in its initial run, the Nikkei reported on Friday, citing an unidentified parts supplier and sources familiar with the matter.
Specifications are still being finalized, but the devices are likely to sport curved OLED (organic light-emitting diode) displays and sensors that collect health data from blood glucose and calorie consumption to sleep activity, the Japanese news service cited industry sources as saying.
The industry has long expected Apple to unveil some sort of smartwatch, following the release of Samsung Electronics' Galaxy Gear watches.
Wall Street is hoping to see a new Apple product this year to galvanize the former stock market darling's share price and end a years-long drought of ground-breaking devices. CEO Tim Cook has promised "new product categories" in 2014.
Apple declined to comment.
(Reporting by San Francisco newsroom. Editing by Andre Grenon)
- Tweet this
- Share this
- Digg this
- U.S. strikes have slowed Iraq militants but not weakened them - Pentagon
- RBI says all companies must apply 2-step payments for credit cards
- First trucks from aid convoy to Ukraine cross back into Russia
- Indians keep faith with Modi, best hope for economy - poll
- Merkel says tightening Ukraine-Russian border is key to peace deal
Suppliers to Apple are scrambling to get enough screens ready for the new iPhone 6 as the need to redesign a key component disrupted panel production ahead of next month's expected launch, supply chain sources said. Full Article
Xiaomi ordered sapphire glass for limited edition phone - S.Korea newspaper. Full Article
Qualcomm will strive for resolution to China anti-trust probe-regulator. Full Article