Apple Watches Sell Out in 6 Hours

Pre-orders run into high demand, low supply, or both
By John Johnson,  Newser Staff
Posted Apr 10, 2015 12:05 PM CDT
A customer tries on an Apple Watch at an Apple Store in Hong Kong Friday.   (AP Photo/Kin Cheung)

(Newser) – Apple seems to have a popular gizmo on its hands with the Apple Watch. Though it doesn't officially go on sale until April 24, customers could order the watch online in advance starting this morning. After just six hours, delivery dates had been pushed back to June for all models, reports the Washington Post. That suggests the initial stock quickly sold out, though CNET notes it's not clear whether that's more because of low supply or high demand, or a little bit of both.

“We view this as an indication of solid demand paired with very limited supply, with supply being the most significant limiting factor,” an analyst with Piper Jaffray wrote in a note to investors, reports Bloomberg. Customers can also visit Apple stores to check out the watch, though they can't actually take one home. Unless you're a celeb, apparently: Katy Perry posted an Instagram photo of her sporting a $17,000 version, complete with Mickey Mouse face.

My Take on This Story
Show results without voting  |