Phil Schiller, Senior Vice President at Apple, Inc. speaks about the iPhone 6 during an Apple event at the Flint Center in Cupertino, California, September 9, 2014.
Phil Schiller, Senior Vice President at Apple, Inc. speaks about the iPhone 6 during an Apple event at the Flint Center in Cupertino, California, September 9, 2014. REUTERS/Stephen Lam

Apple finished its much awaited press event last September 9 unveiling a number of products including the Apple Watch. The device will launch in early 2015 with analysts predicting to add as much as $6.1 to 9 billion to Apple's revenues. Can the Apple Watch really deliver?

Despite the release in a few months, it has generated the buzz drawing mixed reactions from the market, consumers and analysts alike. Is the Apple Watch a good deal? How will it par against Google's Android Wear?

Apple's Watch is nothing new. There have been many competitors venturing in the same industry including Google with Android Wear. Similar to how the tech giant continually tries to differentiate its iPhone from competition, the same goes for its smartwatch. Apple does not just want to put out a smartwatch. The company wants to set a standard of its own for wearables according to The Verge. Some agree that it is worth the purchase but others dispute it.

According to Seeking Alpha, The Apple Watch is remarkable both aesthetically and technologically. The report points out that it can be the product that can impact Apple considerably. Seeking Alpha's Alex Cho notes that he has high convictions about the contributions of the Apple Watch both on the top and bottom line results. During the keynote, Apple announced that the device will come in three types: Apple Watch, Apple Watch Sport Edition and Apple Watch Edition. Consumers can differentiate the timepieces based on their wrist straps and materials. Apple Watch Edition serves as the luxury line offering 18K gold wrist strap whereas the Watch Edition will come with stainless steel.

Apple Watch vs Android Wear

What Apple's Watch and Google's Android Wear meant to create are timepieces that do more than just tell time. Tech companies now strive to offer similar conveniences to their watches as with their smartphones with additional health and fitness touch to it.

As an overview, Apple's device turns off the display automatically when the user is not looking. Once the person pops up his or her risk, they display will turn back on. It is still not clear how Apple can pull it off but it does offer an excellent way to conserve battery life. Depending on the watch, Android Wear can tell time based on default. Nonetheless, Google's partners also offer consumers the chance to do what the Apple Watch can do: turn on and turn off display when necessary. According to The Verge, considering the battery life problems reported about the watches then this is a crucial option. It is important to note that Apple threaded the battery life feature carefully during the keynote. In fact it did not offer a many details.

Natalie Kerris, Apple spokesperson, told Recode: "There's a lot of new technology packed into Apple Watch and we think people will love using it throughout the day." The spokesperson also noted that Apple already thought about the charging concerns. "We anticipate that people will charge nightly which is why we designed an innovative charging solution that combines our MagSafe technology and inductive charging." she added.

As for notifications, Apple Watch notifications come up pop ups. Should a developer want more, they can enhance this part and even allow people to do more interactive tasks like clicking on a Facebook request or replying to a text message. This promises a robust system to users. Google's smartwatch system also focuses on notifications. People can swipe through the phone to dismiss or go through them all. The Verge did note that people cannot always do more in the way Apple wants its users to work with its watch.

How can Apple's Watch take off and outsell Android?

In the health aspect, Apple Watch offers accelerometer, heart-rate sensors including Wi-Fi and GPS capabilities when synced with the iPhone. It comes with two different apps for health and fitness: Activity and Workout. Android Wear provides basic functions like monitoring heart rate and standard activity. The Verge noted that Android Wear's fitness apps are passable to date thus people are actually looking forward to Apple pulling off something more.

The Apple Watch differentiates itself from other wearable because of its ambitious features. However, true verdict comes when the product is finally out. To date, analysts note that Android Wear focused on notifications but not the ambitious functionality that Apple wants to deliver.

Initially, the device can add to Apple's bottom line because of its entry-level price at $350. The other Apple Watch Edition can go higher targeting a limited market. Nonetheless, Seeking Alpha highlights the entry-level price targeting the mass market. Shipment figures are estimated to be around 50 million according to Apple but analysts lowered it down to 42 million. A new product category can give investor boost and also add $9.225 billion to the company's bottom line according to the forecast.

People will have to wait until 2015 to generate are more concrete decision between Apple Watch and Android Wear. Outselling claims are based on the forecasts of analysts and industry observers.