Unlike its primary competitor, Google, Apple makes money by selling hardware, not your personal data. Hence, the iWatch price won't free let alone cheap.

When Apple introduces new category defining products, like the iPhone and iPad, the company gives developers months to develop new apps before product ships — ecosystems matter! Additionally, unlike its primary competitor, Google, Apple makes money by selling hardware, not your personal data. Hence, the iWatch price won’t free let alone cheap.

Or, so goes the latest rumor out ReCode’s John Paczkowski.

But let’s catch up a little first. Yes, the iWatch is expected to be introduced at Apple’s September 9 Media Event, though physical shipping product won’t arrive until 2015.

Now, according to Paczkowski, today’s iWatch news is that Apple and its executives have, as one would expect, discussing iWatch prices and the stickiest number to date has been $400.

“Pricing has yet to be finalized for the forthcoming product, which is expected to begin shipping next year,” write Pacz. “Sources say consumers should expect a range of prices for different models including lower priced versions.”

Currently, consumers can buy a Samsung Gear 2 for about $300, a Google Android Gear widget for $200 or a Timex Ironman One GPS+ for $400. Both the Gear 2 and Timex Ironman include 3G communications.

However, none of these devices has caught on let alone caught fire in the marketplace.

Given that SRP spread from the competition, an iWatch price of $400 should hardly be considered dear at face value.

That said, what “it just works” functionality will an iWatch priced at $399.99 or more have to deliver to be considered a good value? Does Apple need to include 3G and, if yes, how days (or hours) of life would make that useable? Sound off in the comments section below…

Via: AppleInsider


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