Apple Ecosystem Will Help Increase Apple Sales With The Help Of The Apple Watch And Apple Pay

Apple Inc. (NASDAQ:AAPL) launched new products on its big event in Tuesday where the new products are expected to be released soon. The new products include iPhone 6, iPhone 6 Plus, iOS8, Apple Pay and Apple Watch along with some new apps. This event brought excitement and joy to Apple fans and others. Most have been waiting to upgrade or to purchase these new products which could help in Apple's sales.

Since the leadership of Steve Jobs, this is the first time that the company has launched a new product with the form of the Apple Watch. This new product could entice the fans to buy especially for those that are fitness and health oriented.

CNBC reports about Apple's new products and its ecosystem overall with David Kudla, CEO and Chief Investment Strategist at Mainstay Capital Management. The speaker pointed out that Apple fans are interested in three of Apple's new products that includes the iPhone 6, Apple Watch and Apple Pay. It was mentioned that people might be interested in upgrading to larger screens and adds that Apple could make a significant change in the Apple ecosystem.

The Apple Watch will need an iPhone to work and a lot have been disappointed by that but the speaker thinks that it help the Apple ecosystem as well since might purchase the product especially for the ones that really cares about fitness and health. The Apple Watch can be purchased at $349 in the US and this will be released next year. The Apple Watch could also increase the popularity of the health oriented apps and might dominate the market once again compared to its competitors like Samsung and Sony which have launched its respective smartwatches ahead of Apple. The analyst adds that Apple stand against it competitors.

The Addition of Apple Pay which is incorporated on the new iPhones could also help boost the sales of the larger screened iPhones to bring back its market loss because of mobile devices that runs on Android. Apple's share went up by 1.3% a day after iPhone 6 was unveiled along with the Apple Watch and Apple Pay. According to Reuters, there were at least six brokerages placed its attention to Apple's stock up to $16 to $116. However, its stocks went down but experts again suggests that Apple Pay which is its new wireless payment service could certainly help boost its ecosystem.