Apple Watch Sales Estimated at 2.79 Million, $49 Sport Band Said to Cost Apple $2.05

New data from Slice Intelligence estimates Apple Watch sales at 2.79 million thus far, reports Reuters.

Notably, about 17% of buyers are believed to have purchased a spare band, which are very profitable for Apple, says IHS.

Although the entry-level sports band retails for $49, it costs only about $2.05 to make, according to an analysis of the 38-millimeter size by IHS, a technology research firm. The estimates do not include expenses such as packaging and shipping and may not capture the full cost of the material Apple uses to make the band, said analyst Kevin Keller of IHS.





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