November 25, 2024

Apple Orders Initial Production Run of 5 Million Apple Watches

Posted February 17, 2015 at 3:27pm by iClarified · 9731 views
Apple has ordered the production of five to six million Apple Watch units during the first quarter of 2015, reports the WSJ. Half of the units are entry-level Apple Watch Sport models, while one third of the units are said to be mid-level models.

Orders for Apple Watch Edition – the high-end model featuring 18-karat gold casing – are relatively small in the first quarter but Apple plans to start producing more than one million units per month in the second quarter, the person said. Analysts expect demand for the high-end watches to be strong in China where Apple’s sales are booming.

The Apple Watch Sport will start at $349 but the company hasn't announced pricing for other models. The gold Apple Watch Edition could be priced as high as $4999-$9999, according to recent reports.

The WSJ notes that production levels of the Apple Watch are similar to when Apple launched the iPad. The company sold 7.5 million iPads in the six months after it launched in April 2010.

To get ready for the April launch, thousands of Chinese workers will reportedly work around the clock and throughout the Chinese New Year holidays at Quanta’s factory in Changshu, China.

There are 34 Apple Watch models that customers will be able to choose from you can check them out here.

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