Apple Watch Rumors, News Price & Update: Apple CEO Tim Cook Announces Release Date, 'High' Expectations for Smartwatch
During Apple's Q1 2015 earnings call on Tuesday, chief executive officer Tim Cook said the Apple Watch will start shipping to consumers in April. This coincides with the estimated "early 2015" launch date given when Apple originally announced the smartwatch in September of last year.
Based on Apple's previous statement, there was speculation March would be the release date, Forbes reports. Reports indicate there was a slight delay in the Apple Watch release due to supply-chain bottlenecks and low components. KGI Research analyst Ming-Chi Kuo estimated that Apple will ship 2.8 million units in the first quarter of 2015.
"My expectations are very high on [Apple Watch]. I'm using it every day and love it and can't live without it," said Cook during the call.
Cook added that an impressive number of developers are writing apps for the smartwatch, too.
Many details about the wearable are already known. The Apple Watch battery life is rumored to give 19 hours of mixed use and 2.5 hours of active use, though we won't know for certain until consumers start using the watch. Meanwhile, the price of a basic Apple Watch is $349, but the costs for higher end versions are not yet known.
One interesting Apple Watch feature is its Glances feature which lets you see real-time views of important information like calendar events, stocks and weather. When you receive alerts, the smartwatch will notify you using gentle taps through its Taptic Engine.
On Tuesday's earnings call, Apple reported a 30 percent jump in Q1 revenues to $74.6 billion with a net income increase of 38 percent to $18 billion, according to Forbes. The increase is a result of high consumer demand for the large-sized iPhones. Sales of the iPhone jumped 46 percent to 74.5 million units, beating analyst expectations of 64.9 million, reports Bloomberg.
iPad sales declined as it seems shoppers' preferred larger-sized smartphones rather than tablets.
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