Why Iwatch Could Be Better For Apple Than A Tv: Profit!

Should Apple tackle the watch industry or television next? If you look at the profit potential, it looks like the iWatch wins out. Gross margins on watches are around 60 percent, four times bigger than margins on televisions, according to Bloomberg analyst Anand Srinivasan. So even though the global watch industry is smaller than the TV market — $60 billion in revenues during 2013, compared to TV’s $119 billion — focusing on a smart watch would be far more lucrative for Apple.

Topics:  srinivasan   tv s   citigroup   oliver chen   verge   sony   jony ive    nike s   google s project glass   ruben schade/flickr filed   business   gadgets   media   mobile   venturebeat   apple   bloomberg   i   tv   consumers   market   percent   watches   gross   lead   year   analyst   plenty   
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