The Apple Watch definitely sold well eight out of the gate but does it really have much of a shelf life once the initial hype dies down? A new research note flagged by 9to5Mac suggests that it may not. KGI Securities this week made a massive cut to its Apple Watch sales projections by between 20% to 30% in Q3 2015. What’s more, KGI says that it’s cut its estimate of total Apple Watch sales for the year from the consensus range of 20 million to 30 million units down to 15 million units.
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