Katy Huberty, an analyst at Morgan Stanley, made a post on Forbes saying that Apple's long-rumored Smartwatch, dubbed the iWatch, would sell as many as 60 million units over a span of 12 months. Thanks to the brand loyalty of Apple users, such high sales figures are expected to be achieved even if Apple prices the iWatch at $300, a full $100 more expensive than the LG G Watch that runs Android Wear.

Previously, we had posted that the Apple iWatch would enter mass production in November.