iFans can look forward to the much-awaited smartwatch from Apple making its debut this March if analysts' predictions prove true. That's not all: the 12-inch MacBook Air is also gearing up to launch in the first quarter.

According to a research note from Ming-Chi Kuo, analyst with KGI Securities, the Apple Watch will begin shipping by March. Kuo's forecast is in keeping with recent reports that predict the same release date. He also noted that Apple may hold a special event to unveil the details of the smartwatch, whose specifications are not yet clearly known.

Kuo also predicted that Apple will release the new 12-inch MacBook Air in Q1 2015.

The Apple Watch is also anticipated to sell 2.8 million units in the first quarter -- that is the first month alone -- in the event that there is a March launch.

According to Kuo, shipments in the range of 4 million to 5 million will be seen by most component suppliers in March. However, a few components may also see low production yields, which could affect the assembly and shipping.

Kuo also forecast that the much-rumored 12-inch MacBook Air with Retina display will also ship in the same quarter, which is in synergy with other rumors. A report earlier inJanuary suggested that Quanta Computer, an Apple supplier, was beefing up production of the notebook to meet the Q1 2015 release deadline. The ultra-thin MacBook Air is rumored to tout a fan-less design and pack in the latest low-power processor from Intel (Core M). It is also expected to boast a high resolution Retina display and may be the first to incorporate the USB Type C connector which is reversible. This may also be used for charging the device.

Per Kuo, MacBook Air sales will likely touch the 6 million units sales mark (for the first three months of 2015), which is an increase from the 5.9 million forecast in Q1 2014.

The analyst sees iPhone shipments touch 61.7 million unit sales in Q1 2015. Kuo also anticipates a drop in demand for the iPad as the latest iPad Air 2 and iPad mini 3 tablets did not create much of a stir in the holiday season.