In a note to investors, Ming-Chi Kuo, a respected analyst with deep Apple connections, has cut shipping estimates for the Apple Watch by 15 to 25 percent.
Previously, Kuo had estimated that Apple will ship between 10 to 10.5 million Apple Watch units by the end of the year, but now his estimates have been cut to 8.5 to 9 million units. These numbers include both the original Apple Watch, now called the Apple Watch Series 1, as well as the new smartwatch model, called the Apple Watch Series 2.
Interestingly, Kuo has raised his shipping estimates for the Apple Watch … – Source
Well-connected analyst cuts Apple Watch 2016 shipping estimates by 15 to 25%
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