Inside the Upgrade
The analyst noted that the average smartphone owner takes their phone out of their pocket 110 times per day; with the watch, users would not have to do this.
Yet Another Analyst Upgrade
It is also difficult to say that the iWatch will be the most successful Apple product since the concept has not yet been proven. Watches have been a successful fashion accessory, but smart watches have not yet been a proven success.
Mutual Funds to Watch
|VTSMX||Vanguard Total Stock Market Index||1.69%|
|VFINX||Vanguard 500 Index||1.08%|
|VIGRX||Vanguard Growth Index||0.51%|
The Bottom Line
Shares of Apple are up 38% YTD.
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