Apple’s iWatch seen as a sales catalyst for wearables market

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469babb1dbf04f683df95752074c12ea.jpgEven though many companies unveiled brand new wearable devices at CES 2014 last week, Cantor Fitzgerald analyst Brian White doesn’t expect them to make an impression with consumers — at least not until Apple’s rumored iWatch finally launches. “In our view, the unveiling of useful wearable technology products that focused on the wrist (i.e., fitness bands, smartwatches) at this year's [CES] show brought legitimacy to the wearable space,” White on Monday wrote in a note to investors on Monday morning. “That said, we believe it will take Apple's launch of the anticipated 'iWatch' to drive a more meaningful adoption rate.”

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Via BRG - Boy Genius Report
 
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