The most expensive Apple Watch is going to make Apple all the money

The Wall Street Journal is reporting that Apple’s Watch production for the first quarter of this year is on track for 5 million units. Of that 5 million, half are expected to be the less expensive Apple Watch Sport which starts at $350, and one third are the stainless steel watch, which could sell for $500-$750, most likely. That leaves about 850,000 Apple Watch Edition pieces, the more expensive gold model. I believe the watch will sell for around $3,000 or less, though let’s assume it sell...