The usually accurate Apple analyst Ming-Chi Kuo thinks so, and said as much in a new research note. Kuo says Apple will sell fewer Watches this year—7.5 million—than the estimated 10.6 million devices it sold in 2015, despite the coming of the new Apple Watch 2 this spring.
The KGI Securities analyst says the smartwatch market is still immature (read: people don't know why they need one), and complains that the Watch needs more independence from the iPhone (true) and better battery life. Disagree—if the Watch had a killer app, people would forgive it for going only a day without a charge. MS