The big news headlines keep coming from Apple. Friday it was announced that the company would enter the Dow Jones Industrial Average in the place of telecom giant AT&T. Monday,s it's expected to finally unveil the Apple Watch.
Daniel Ives, FBR Capital Markets' managing director, is bullish on the smartwatch, and on the broader wearables industry.
"The Apple Watch launch is really a seminal event not just for Apple but really for the whole wearables market," he said Friday on CNBC's "Squawk on the Street." "It's the next frontier of technology on the consumer side."