Apple Watch: Will the smartwatch succeed and open up wearables to the masses?

On 9 March, we finally found out how much the Apple Watch is going to cost and while it starts at the fairly respectable £299 for the basic Sport version, Apple is charging up to £13,500 for the most expensive Watch edition model, which has an 18-carat gold case.

Such prices are of course much higher than anything else in the smartwatch market, but charging more than £10,000 - and certainly more than £1,000 - is par for the course among luxury Swiss watch manufacturers.

To analyse whether the Apple Watch will be a success, IBTimes UK spoke to technology analyst Imran Choudhary about whether Apple will kick-start the smartwatch industry and open up wearables to the masses, or if the Watch will become only a luxury accessory.