With the launch of the Apple Watch Series 3, Apple finally introduced the option of LTE connectivity, meaning that Apple Watch users could finally untether themselves from their iPhone. Naturally the cellular model costs more and will require customers to subscribe to a data plan. There is also a limitation that does not allow users to use cellular data outside of the country you bought the watch from, but despite those added costs and limitations, the watch is selling better than expected.This is according to a note sent to investors by KGI Securities analyst Ming-Chi Kuo, who claims that the Apple Watch Series 3 with LTE is selling faster than they had predicted. According to Kuo, “We forecasted production weighting of the GPS + Cellular version would be 30-40%,” but his latest note to investors has changed that weighting where he now says, “We estimate the pre-order weighting of the GPS + Cellular is 80-90%.”
However to date Apple has yet to share any official numbers with regards to the Apple Watch sales, so in terms of how many units are being moved, or have been moved over the past couple of years is really anyone’s guess, and so far the only numbers we’ve gotten are from research firms. Either way we guess this is probably good news for Apple who have held out from adding cellular capabilities to their smartwatches from the get-go.
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