Craig Federighi, Apple Inc. Senior Vice President of Software Engineering Speaks on Stage During an Apple Event in San Francisco
Craig Federighi, Apple Inc. Senior Vice President of Software Engineering speaks on stage during an Apple event in San Francisco, California. Reuters Reuters

As the New Year approaches, hype increases over upcoming releases of tech giants like Apple. According to recent forecasts, despite the success of the iPhone 6 series, the biggest killer for Apple in 2015 will be the Apple Watch along with the Retina MacBook Air. Can Apple push through with the expectations?

Many analysts have been careful about predicting Apple's performance and future. Nonetheless, according to a recent forecast by J.P. Morgan, Apple may gain more from the Apple Watch more than the iPhone in the next cycle. Apple has been having a strong 2014 with the iPhone 6 and the iPhone 6 Plus reportedly reaching their peak around the first half of 2015. According to the Barrons, analysts remain convinced that the iPhone 6 can still achieve around 20% earnings per share growth. This goes against J.P. Morgan's estimate bordering around "6% EPS growth for Apple itself."

According to an analyst Gokul Hariharan: "Now that supply chain bottlenecks are also resolved, we are likely to see more news of order cuts rather than increases. Interestingly, since the iPhone launch in September, the supply chain has not seen any meaningful upward revisions in iPhone 6/6Plus aggregate volume expectations, although the mix has moved meaningfully toward iPhone 6 Plus."

The analyst also mentioned the following about Apple's standing in 2015: "In addition, we have also seen some production being pulled into 4Q14 recently, from 1Q15, which increases the chance of 1Q15 seeing significant qoq declines for iPhone production in the supply chain."

Similar to previous reports, J.P. Morgan also sees the next generation 12" MacBook Air to be a winner for Apple. According to the organization, the tech giant should receive a good boost from it as demand for the laptop line has appeared to be on the rise for the last few quarters following the decline of other products like the iPad.

According to Christian Today, some of the expected specs to come with the laptop include the newest Intel Broadwell-U processor, Retina technology and possibility of wireless charging. Apple has been working on improving its power connections on the last few computer models that a jump to wireless charging may be possible.