Apple Inc. (NASDAQ:AAPL) will likely debut the iPhone 6 and the much-rumored iWatch this fall, Michael Gorman said in an interview with CNBC.
The prediction comes from the Engadget editor in chief after Apple Inc. (NASDAQ:AAPL) did not debut the next iPhone and its much-anticipated smartwatch at the Worldwide Developers Conference this week.
During the interview, Gorman said:
“I think we’re most likely to see the next iPhone in the fall. That’s generally when Apple has rolled out their new phone in recent years so I think we’ll probably expect to see it then. As far as the iWatch goes: of course, Apple is still being cagey about it and they have never confirmed it. I can certainly see that coming out at the same time, alongside the iPhone.”
Nonetheless, saying that though the simultaneous unveiling of the iPhone 6 and the iWatch by Apple Inc. (NASDAQ:AAPL) seems to be sensible, Gorman noted that no one knows exactly how things will go, especially in the case of the iWatch.
Furthermore, he said the smartwatch from the iPhone-maker needs to be more than just a sort of workout watch. He noted that the form factors of current smartwatches out today can be bulky and added that Apple Inc. (NASDAQ:AAPL) would be interested in making their watch better and more fashionable. This is the case so that people will be encouraged to wear the watch everywhere.
Gorman admitted, however, that the smartwatch market is growing a lot and the Cupertino, California-based giant would definitely be interested in getting into the market at some point adding that he thinks the fall would be the right time for the company to enter the market.
During the latest Worldwide Developers Conference, the company unveiled HomeKit, a platform for home automation, as well as HealthKit, a new app for health tracking. The iPhone-maker also unveiled a two new developer tools, Swift and Metal, which would help developers better and more efficiently make apps and 3D graphics for iOS, the company’s operating system for mobile devices.
Speaking of iOS, the tech giant unveiled iOS 8 during the conference as well as OS X Yosemite, a new version of their operating system for computers.
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Investors in Apple Inc. (NASDAQ:AAPL) includes Cliff Asness’ Aqr Capital Management which had 530,859 at the end of the first quarter. Another shareholder is John A. Levin’s Levin Capital Strategies which reported 351,766 shares with a value of about $188.81 million at the end of March.