Apple CEO says hard to gauge smartwatch demand

Apple CEO Tim Cook looks over a selection of Apple Watches in Palo Alto, California April 10, 2015. REUTERS/Robert Galbraith

SAN FRANCISCO (Reuters) - Apple Inc Chief Executive Tim Cook said on Monday demand continued to outstrip supply for the new Apple Watch, released earlier this month. "From a demand point of view, it's hard to gauge when you don't have product in stores," said Cook. He said the iPhone "led the way" in its massive increase in China sales. (Reporting by Bill Rigby; Editing by Bernard Orr)