Apple orders millions of watches

Apple Inc (NASDAQ: AAPL) has asked its Asian suppliers to make five to six million units of its three Apple Watch models for the first-quarter, the Wall Street Journal reported, citing people familiar with the matter.

Taiwan-based Quanta Computer Inc. is the main assembler of the Apple Watch, which is expected to be launched in April.

The entry-level Apple Watch Sport model accounts for half of the production order, while the mid-tiered Apple Watch will count for one-third, one person told the WSJ.

Apple Watch Edition, the high-end model with 18-karat gold casing, is expected to have relatively small orders in the first quarter but Apple plans to produce more than one million units per month in the second quarter, the Journal reported, citing the source.

Apple could not immediately be reached for comment. Its shares opened trading Tuesday down six cents from Friday's close at $127.02 U.S., within a 52-week trading range of $73.05 U.S. to $127.48 U.S.

Tech Insider