Over two months ago I have suggested that Apple Watch will be a failure as a product. It appears that forecast in coming coming to fruition. For instance, I bought an Apple Watch immediately, but after a month I’m done Long story short, people just don’t care about or love this product. Plus, no one wants to be made fun of for wearing one.
And while Apple’s growth remains incredibly strong for the time being (iPhones, iPads, etc..), I have a few questions for Apple (AAPL) investors…..
- How much longer before investors realize that Apple Watch is a complete failure?
- Further, how much of a haircut will Apple stock get once investors realize that Apple’s innovative drive died with Steve Jobs?
Watch the video above. While it is intended as a promotional piece, it outlines every single reason as to why most people will not get one. Conversation starter….good at filtering……sure, and some guy from Nigeria just told me that my dead uncle left me $25 Million.
But you have got to give it to Apple’s PR machine. Apple Watch reviews don’t matter to early adopters and Apple says smartwatch demand to exceed supply at launch. Real world translation, outside of a few geeks, Apple diehards and hippies, very few people will get an Apple Watch.
Finally, as soon as all of the above becomes evident, how much of a haircut will the Dow Jones (recently added Apple) get?
