Apple unveiled both iPhone X and iPhone 8 models, with the "super-premium" iPhone X starting at $999.
Ming, however, said the new Apple Watch Series 3's (GPS + Cellular version) could be a runaway hit.
"We estimate the preorder weighting of the GPS + Cellular version is 80-90 per cent. While not available in all countries, most users have pre-ordered the GPS + Cellular version because it offers phone and internet access functions without an iPhone and given the low premium of $70 over the GPS version," the analyst predicted.
According to the Verge, while Apple Watch shipments are well below iPhone shipments, investors should start keeping tabs on this new product, with shipments expected to surge much higher than previous generation models.
Apple would launch iPhone 8 and iPhone 8 Plus, starting Rs 64,000, in India on September 29 while pre-bookings will start on September 22.
The iPhone X will come to India on November 3, starting Rs 89,000.
Apple Watch is available in two different case sizes, 38mm and 42mm from September 29 in India.
Apple Watch Series 3 (GPS) will be available in gold, silver and space grey aluminium cases with a Sport Band, starting at Rs 29,900.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)