What The Experts Think Of The Apple Inc. Watch

Apple Inc. AAPL lived up to the hype Tuesday, and officially announced its entry into the smart watch space with the Apple Watch. According to the company, the wrist-based device will have three iterations, with a starting price of $349.

Forbes pegged the size of the smart watch market at $2.5 billion earlier this year, which, it says, is about 5 percent of the entire watch industry. Assuming Apple can grab a piece of this pie, there's millions of dollars on the table.

If the company can pull more users into the fold, it could make even more money. Amit Daryanani, an analyst with RBC capital markets, once told CNBC an Apple smart watch could generate $9 billion in revenue in its first year. Other estimates are even more optimistic.

So, what do the experts think about the Apple Watch after this afternoon's festivities? There's a mix of opinions.

Some are optimistic:

Others, though, not as much:

And a few are simply worth the read:

Disclosure: At the time of this writing, Louis Bedigian had no position in the equities mentioned in this report.

Market News and Data brought to you by Benzinga APIs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comments