The Traderszone Network

Published in TZ Latest News 10 April, 2015 by The TZ Newswire Staff

Backlogged orders as shoppers get close-up look at Apple Watch

SAN FRANCISCO/PARIS (Reuters) – Customers preordering Apple Inc’s smartwatch on Friday will have to wait at least a month for delivery, a sign of strong early demand for company chief Tim Cook’s first new major product. People flocked to Apple’s stores around the world to get a close-up look at the Apple Watch, the tech company’s foray into the personal luxury goods market, with Apple predicting demand would exceed supply at product launch. “We view this as an indication of solid demand paired with very limited supply,” Piper Jaffray analyst Gene Munster wrote in a note to clients.

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