Citigroup analyst Jim Suva weighed in with his expectations for Apple Watch pricing following the news that Apple is hosting a media event on March 9. Apple already announced pricing will start at US$349—presumably for the Apple Watch Sport—and he thinks Apple Watch will cost $550 while the Apple Watch Edition will be priced at $950. He's also pegging April 16 as the smartwatch's official release date.
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Mr. Suva's $950 price point for the gold Apple Watch Edition is surprisingly low compared to the general consensus that it won't start below $5,000 and could cost more than $10,000. We'll have to wait until Apple's March 9 media event where Apple Watch pricing is expected to be announced to see how close he really is.