Via Daring Fireball
Apple needs an iWatch sooner rather than later, or the company will risk losing its innovative edge to rivals, analysts say. “They only have 60 days left to either come up with something or they will disappear,” said Trip Chowdhry, managing director at Global Equities Research.
“It will take years for Apple's $130 billion in cash to vanish, but it will become an irrelevant company … it will become a zombie, if they don't come up with an iWatch.”
60 days was two days ago, so throw this on the ash heap of god-awful analyst predictions.