Report: Apple Finalized First Order For Watch Ahead Of April Debut

The

reported that

has asked its Asian suppliers to produce five to six million units of its Apple Watch models during the quarter ahead of the product's release in April. According to the publication, Apple's suppliers will ramp production for three different Apple Watch products: an entry-level Sport model, a mid-tiered Watch and a high-end model with 18-karat gold casings. Production is expected to rise to one million units per month in the second quarter. The entry level model is expected to sell for $349 while the high-end model is expected to be Apple's most expensive item, likely surpassing the Mac Pro computer's $4,000 price target. Shares of Apple rose to new 52-week highs of $128.44 Tuesday morning.