Apple Could Be Gearing Up To Sell 50 Million Apple Watches Next Year

Apple watchBusiness InsiderWill 50 million people buy the Apple Watch?

Apple is readying supplies to sell 50 million Apple Watches in 2015, according to DigiTimes.

DigiTimes cites sources at LG Display, which makes displays for the Apple Watch.

There’s plenty to suggest that 50 million units would be a heavy lift, even for a tech giant like Apple. As you can see here, Business Insider Intelligence projections for smartwatch sales next year are hover around 30 million units:

WearablesForecastBIIEven if Apple were the only player in the smartwatch market, 50 million units would be tough to hit.

Cost is another factor that might impede Apple’s smartwach sales. The Apple Watch starts at $US349 and the most expensive model could cost $US5,000.

The Apple Watch is expected to hit stores early next year.

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.