According to an analyst working at JP Morgan, Apple will sell 26 million units of the Apple Watch in 2015. Rod Hall, the JP Morgan analyst, says that his report accounts for the fact that an Apple Watch requires an iPhone 5 or higher to pair up. Playing with numbers, you'll arrive at 400 million potential Apple Watch customers (people who own an iPhone 5, or higher). According to the analyst, 5% of them would end up buying an Apple Watch, which still means an incredible 26 million timepieces.

Hall's calculation says that the cheapest Apple Watch Sport model, which will cost $349, will account for 95% of all Apple Watch sales. Even then, Apple would have a margin of 39% on every device that is sold.

The JP Morgan analyst sees Apple's Stock price rising from the current $123.96 to $145, riding on strong Apple Watch sales.

Earlier today, a report from Canalys revealed that a meager 720,000 Android Wear based devices were sold in 2014. And this was without any competition from Apple Watch. Things do look bleak for Android Wear in 2015, unless Google introduces game changing features.

The Apple Watch is expected to go on sale from April 2015.