KOREAN HARDWARE MAKER Samsung's upcoming Galaxy Gear smartwatch will be "too expensive" at launch, claims Russian analyst Eldar Murtazin, who said consumers won't buy it at the price Samsung will put on it.
Murtazin, who correctly predicted Microsoft's Nokia buyout, although a year and a half early, claims to have some inside informatioin on Samsung's debut smartwatch, and has tweeted that the price of the device is likely to put buyers off.
Galaxy Gear price? U won't buy it for that price :(— Eldar Murtazin (@eldarmurtazin) August 30, 2013
However Murtazin didn't reveal how much the Samsung Galaxy Gear is likely to cost, although further speculation has suggested that it's likely to be priced at around $300 when it goes on sale before Christmas this year.
Samsung has all but announced that it will unveil its Galaxy Gear smartwatch at IFA on Wednesday, alongside the Galaxy Note 3 smartphone.
The firm hasn't let much slip about what we can expect from the device, but we can expect it to launch as a wearable 'second screen' for Samsung smartphone owners, enabling users to glance at their wrist for an update on messages, calls and social networking notifications. It's likely that the device will also have built-in music controls, and that users will also be able to control the watch with their voice.
Samsung's Galaxy Gear unveiling might be interrupted though, as rumour has it that Apple is expected to issue iPhone launch invitations during Samsung's press conference on Wednesday.
We'll be covering Samsung's IFA press conference from 6pm BST tomorrow, so check back for all the latest. µ
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