Apple (NASDAQ: AAPL) finally launched its Apple Watch in April, 2015 after unveiling it during its September 2014 product launch event. Although the device has generally failed to meet the lofty sales expectations put out there by the analyst community at large, it is generally believed to be the most popular smartwatch by a very large margin.
Best Buy and Target are now offering $100 discounts on the Apple Watch, spurring speculation that a new version of the wearable technology is on the way.
Sales of the Apple watch have been on a slow decline for awhile now, as some critics say they enjoy the device, but they don’t believe its worth its high value. As of now the cheapest model of the Apple Watch is worth $249.
Apple is known to have quite a few competitors in the tech industry, most notably, Microsoft, Google, and IBM. Now it appears they have a new rival in the giant retail corporation, Wal-mart.
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I Know First-Daily Market Forecast, does not provide personal investment or financial advice to individuals, or act as personal financial, legal, or institutional investment advisors, or individually advocate the purchase or sale of any security or investment or the use of any particular financial strategy. All investing, stock forecasts and investment strategies include the risk of loss for some or even all of your capital. Before pursuing any financial strategies discussed on this website, you should always consult with a licensed financial advisor.