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Title: Analyst: Sub-$250 Apple Watch with certain features would grow sales 10X Post by: HCK on June 04, 2020, 04:05:24 pm Analyst: Sub-$250 Apple Watch with certain features would grow sales 10X
Apple Watch could grow sales by 10X with certain features and a certain price point. What you need to know Apple Watch could grow sales 10X with certain features and price points. Bernstein analyst Toni Sacconaghi stressed a sub-$250 price point with more health features. Apple currently sells the Apple Watch Series 3 for $199 with a few key health features. In a report from Ped360, Bernstein analyst Toni Sacconaghi stressed that the market for the Apple Watch could be ten times larger if Apple was to "offer reduced but focused functionality at a lower price point." "Bernstein analyst Toni Sacconaghi reiterated a Market Perform rating and $285.00 price target on Apple (NASDAQ: AAPL) on the belief that the Apple watch market opportunity could be 10x larger than it is today if the company begins to offer reduced but focused functionality at a lower price point." According to Sacconaghi, the price point to reach for such an Apple Watch would be $250. "We see an opportunit... Source: Analyst: Sub-$250 Apple Watch with certain features would grow sales 10X (http://feedproxy.google.com/~r/TheIphoneBlog/~3/K10DPaWYYdc/analyst-sub-250-apple-watch-certain-features-would-grow-sales-10x) |