Apple Plans to Release New “Watch X” to Celebrate 10th Anniversary
In celebration of the 10th anniversary of its iconic watch, Apple has announced plans to release a new device called the “Watch X.” The Watch X is set to offer several exciting updates and improvements over previous models.
One of the standout features of the Watch X is its thinner case and sleek magnetic band, which will save space and provide a more streamlined look. In addition, the Watch X will feature a microLED display, promising better color and clarity for users.
Perhaps the most significant addition to the Watch X is the inclusion of a blood pressure monitoring feature. This innovation will undoubtedly be welcomed by health-conscious consumers who rely on their smartwatches to track vital health statistics.
While Apple is set to unveil its Apple Watch Series 9 lineup in September, the changes in that lineup will be relatively minor compared to what Apple has in store for the Watch X. The highly anticipated Watch X is expected to be released in either 2024 or 2025.
Apple recognizes that a vast majority of consumers are still on their first Apple Watch and do not upgrade every year. With the release of the Watch X, Apple hopes to entice these consumers to make the switch to the latest model.
Rumors are also circulating that Apple is working on a new version of its high-end Apple Watch Ultra, although specific details on the device remain unclear at this time.
Apple does not publicly disclose the exact sales figures for its watches, instead including them in its “Other Products” category. In the fiscal third quarter, the “Other Products” category reported a 2% increase in revenue to $8.28 billion compared to the previous year.
Investors seem to be optimistic about Apple’s future, as the company’s shares have risen by an impressive 37% year-to-date, outperforming the Nasdaq Composite’s 30% increase.
As Apple continues to innovate and release exciting updates to its popular smartwatch lineup, consumers eagerly await the launch of the Watch X and the Series 9 collection. With these new additions, Apple will undoubtedly solidify its position as a leader in the smartwatch market.
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