A note to investores issued by KGI Securities has today warned that the production of the iWatch may be delayed until November.
Analyst Ming-Chi Kuo initially estimated that the product would begin production in September, however he has now changed his estimates, claiming that the project may be a much more complex product to produce. His report claims that the iWatch will now begin production in “mid/late-November. Furthermore, the forecast of iWatch shipments has also been lowered by 40% to just 3 million units. With that in mind, such a forecast would suggest that if the iWatch is to be released, it may not be until early next year. Whilst no-one can really predict the demand that the iWatch will see, it seems unlikely that Apple would launch such a new and exciting product with only 3 million units available to sell.
Kuo has suggested that the iWatch will featured a flexible AMOLED display, along with a sapphire crystal cover. The device is supposedly much thinner and more durable than any Apple product before it. Kuo also reckons that Apple’s iOS software is being redesigned for the iWatch.
This news may come as disappointing to some who were expecting the iWatch this year. As noted, this prediction does make a 2014 release of the device seem unlikely, but of course we may be wrong. iWatch rumors do seem to have reached a level that would suggest the release of such a product is imminent, however as this report has made clear, we’re still in the dark over the timing of the launch.