4 Possible Winners of Apple, Inc.'s iWatch

By Evan Niu, CFA – Jul 19, 2014 at 12:30PM

NASDAQ: AAPL

Apple

Market Cap

$2,623B

Today's Change

(0.48%) $0.81

Current Price

$170.71

Price as of April 26, 2024, 11:40 a.m. ET

There will be many ways to profit on Apple's iWatch. The device could easily sell tens of millions of units, so component players could stand to benefit.

Apple (AAPL 0.48%) is likely just months away from taking the wraps off of its expected iWatch. The Mac maker could easily sell tens of millions of units of its smartwatch, which represents a significant opportunity for any component suppliers lucky enough to win a spot. Looking at recent Apple devices, investors can speculate on companies that Apple may tap as vendors. Possible names include NXP Semiconductor (NXPI 1.89%), Universal Display (OLED 0.91%), STMicroelectronics (STM -2.68%), and OMRON Global.

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4 Possible Winners of Apple,'s iWatch from The Motley Fool

Evan Niu, CFA owns shares of Apple. The Motley Fool recommends Apple, NXP Semiconductors, and Universal Display. The Motley Fool owns shares of Apple and Universal Display. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.