Apple Inc. (NASDAQ:AAPL)’s most expected product next in line is the Apple Watch. For a number of reasons the manufacturing of these watches has been pushed back several times. Rosenblatt Securities Analyst, Brian Blair talked on CNBC about the delays associated with Apple Watch and reasons behind the delays.
Blair said that the delays and push backs in manufacturing these watches shows the complexities involved in these watches. He added that the technology involved in Apple Inc. (NASDAQ:AAPL) Watch might leapfrog all the current available technologies associated with the wearable segment.
“[…] I think the fact that production keeps getting pushed back, you know we believe that its initially going to start in October, then November, now we are being told that Quanta is not going to start making until January. It shows how difficult this really is to make,” Blair said.
He added that the technology associated with the Apple Inc. (NASDAQ:AAPL) Watch is something that we have not seen before. If the Manufacturing is slated to start in January then the product launch might happen around February or March, which is odd time for the electronics to be launched. But Blair thinks that the Apple Watch might not end up as competition to any other products and may not cannibalize any products too. He added that there is no right time for the product to be launched since it has not existed before. He said that as of now, February is the most probable time for Apple Watch launch.
Blair mentioned that many of the reported changes that Apple Inc. (NASDAQ:AAPL) is making to the watch is internal. He added that Battery is going to be a big issue which Apple Inc. (NASDAQ:AAPL) has not talked about. He said that the word is that Apple Watch battery lasts for a day, which might be a problem for many consumers. He mentioned that atleast 2-3 days battery time would be good enough to attract more consumers, which is what Apple is currently working to achieve.
Among the shareholders of Apple Inc. (NASDAQ:AAPL) is Icahn Capital, led by Carl Icahn. As of 30 June, 2014, they hold around 52.8 million shares of the company.