Apple’s move into premium smartwatches is a $10 billion to $38 billion opportunity – analyst

Apple’s move into premium smartwatches with the Apple Watch Ultra is a $10 billion to $38 billion opportunity, Evercore analyst Amit Daryanani says in a new note to clients.
Apple Watch Ultra, the most rugged and capable Apple Watch ever.
Phillip Elmer-Dewitt for Apple 3.0:From “Watch Out!” a note to Evercore clients that landed on my desktop Friday:
Investor focus remains as always on the iPhone at this time of the year; however, for a year in which investor expectations are r