The Apple Watch will go on sale in March, and though component shortages may be an issue, about 5 million of the devices are likely to be sold in the first quarter, according to KGI Securities analyst Ming Chi Kuo.

How to watch the Apple Watch event live stream, and what to expect

Apple hasn't given a launch date for its first smartwatch, which it unveiled in September, only saying to expect the device in early 2015. In addition to Kuo's research note, however, other reports also have said the watch will be generally available in March.

Before the device becomes available, Apple will reveal additional information on the watch, including battery specifics and pre-order details, said Kuo, according to a story on the website MacRumors. Apple has said the smartwatch will need nightly recharging, but hasn't offered other battery information.

Component issues may cause supply problems for the watch, Kuo said. Even with possible component shortages, Apple will sell 2.8 million Apple Watches in March and go on to sell 5 million devices in the first quarter of 2015, he said. Kuo called for iPhone shipments for that quarter to exceed 61 million units and iPad shipments to come in at 10 million units.

Apple will also launch a 12-inch MacBook Air that quarter, said Kuo. The ultra-thin notebook will run Intel's Core M chip and feature the high resolution Retina display.

Fred O'Connor writes about IT careers and health IT for The IDG News Service. Follow Fred on Twitter at @fredjoconnor. Fred's e-mail address is [email protected]