UBS expects the Apple Watch market to grow even more next year with a 40% year-over-year increase to about 33 million watches.
The analyst firm thinks Apple Watch growth could account for about 5% increase in revenue for Apple next year, a data point it compares to selling 15 million more iPhones.
UBS also thinks the increased price of the Apple Watch Series 4 with its redesigned display will increase AppleCare sales. After all, folks are going to want to insure the pricey smartwatch.