Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

A New Report Claims Apple Could Ship 65 Million iWatches This Summer


Also included were details on biometric sensors, a UV light exposure sensor, and a Sapphire glass construction.

Earlier today, China's Economic Daily News reported that the supply chain for Apple's (NASDAQ:AAPL) upcoming iWatch has been finalized. According to the report, Taiwan's Quanta Computer beat out competitors Foxconn (OTCMKTS:FXCOF) and Inventec (TPE:2356) for an exclusive contract to build the smart watch. It also says that 65 million units will be built within the first year after the iWatch's release.

Beyond those questionably high numbers, the report includes details of scratch- and break-proof Sapphire glass construction, biometric sensors for heartbeat, blood pressure, and so forth, and a UV light exposure sensor that could warn users of too much sun exposure. The report also claims that Apple will design in-house chips for the iWatch, but that some of those chips will be built in rival Samsung's (OTCMKTS:SSNLF) foundry (when it comes to using high-end ARM chips, it's heard to not work with Samsung).

Motorola's Moto 360, powered by Android Wear. Source: Google

Last month Google (NASDAQ:GOOG) announced its Android Wear program, which will bring a fully functioning Android operating system to wearable devices. According to Apple Insider, competitors Sony (NYSE:SNE), Motorola, Samsung, and Google will all be releasing new wrist-worn smart devices this year. Though Apple may not be producing 65 million units, it's looking more and more likely that an iWatch will be available later this year.

Follow me on Twitter: @JoshWolonick and @Minyanville
< Previous
  • 1
Next >
No positions in stocks mentioned.
Featured Videos