This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Here's What Apple's iWatch Must Do to Avoid Being a Flop

NEW YORK (TheStreet) -- Courtesy of Statista, here's a pretty cool chart:

That's part of what colored my thinking in last Monday's Apple's Smartwatch Will Probably Fail. Do you really see whatever Apple's (AAPL - Get Report) wearable device ends up being coming in somewhere between 10 and 50 million units sold ... per quarter? That's what it will have to do -- over the long haul, not just once or twice -- to rival iPod, iPhone and/or iPad. Obviously, I'm skeptical.

And, as is standard in these parts, Apple ardents (my word) brand me as everything from hater to imbecile for my thoughts. It's as if you can't take a critical approach to anything Apple does even after you have predicted $1,000 for the stock and an ass kicking of Android by way of iPhone 6. No -- you must write the same articles as everybody else with the same boring, tired, spinelessly safe and completely forgettable takes.

Thankfully, sane and logical retorts still do exist. Case in point -- Bryan Chaffin at The Mac Observer:

It looks like it's time to start the iWatch Death Knell Counter. I'm kidding, mostly, but a headline at caught my attention today that specifically stated that the "Apple's Smartwatch Will Probably Fail." Oftentimes such articles will fail to live up to their clickbait titles, but that's what I love about Rocco Pendola ... He never pulls his punches, not even when he's entirely wrong and will live to admit it*.

Read the rest of the article. Chaffin's good. You'll probably agree with him. And that's cool because he makes excellent points. But, maybe more importantly, he makes them without being a tool.

That said, I'll ask Chaffin to do the same thing I asked of you at the outset of this article. Look at the chart and tell me if you really think a wearable device can produce anything within sniffing distance of iPod-, iPhone- or iPad-like numbers and, more importantly, trends.

--Written by Rocco Pendola in Santa Monica, Calif.

Rocco Pendola is a full-time columnist for TheStreet. He lives in Santa Monica. Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Rocco's Tweets

Select the service that is right for you!

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
Real Money Pro

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Trifecta Stocks

Trifecta Stocks analyzes over 4,000 equities weekly to find the elite 1% of stocks that pass rigorous quantitative, fundamental and technical tests.

Product Features:
  • Model portfolio
  • Trade alerts
  • Recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Growth Seeker

Chris Versace, using sophisticated stock screening and fundamental research, identifies potentially explosive small and mid-cap stocks.

Product Features:
  • Model portfolio
  • Small-cap and mid-cap focus
  • Intraday trade alerts
  • Weekly roundups
Daily Swing Trade

Master swing trader Alan Farley uses his sophisticated software screens to review thousands of stocks each day for you, to find just the handful that meet his demanding criteria.

Product Features:
  • Daily commentary and coaching on swing trading
  • Technical charts and analysis
Top Rated Stocks Top Rated Funds Top Rated ETFs