Disappointment around over-optimistic Apple Watch sales estimates could knock the U.S. tech giant's share price this year, an analyst told CNBC ahead of the company reporting earnings Monday.
The Apple Watch went on sale after the company's quarter ended so we won't get a glimpse of the sales figures just yet. But one analyst told CNBC that high sales expectations for the Apple Watch won't materialize, and could affect earnings and share price later this year.
"I look at consensus as being around about 50 million (sales) and the way things are going, I would be looking more like things coming in about 20 million for the first 12 months, best case," Richard Windsor, founder of Radio Free Mobile, said in a TV interview.
"Frankly, I actually think that will be negative for the share price...People are expecting it to have a reasonable impact on the operating line and the cash flow, so I would expect an earnings miss if my 20 million figure turns out to be right."