Apple Gets Closer to 50% Share of Smartwatch Sales

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The Apple Watch absolutely dominates the smartwatch market. It sales made up nearly 48% of smartwatches solde in the third quarter of 2019, according to research by Strategy Analytics reported on by AppleInsider.

It is claimed Apple Watch shipments reached 6.8 million units in Q3 2019, up 51% from the 4.5 million believed to have shipped in the same quarter in 2018. To Strategy Analytics Executive Director Neil Mawson, Apple “remains a long way ahead of the chasing pack,” and “continues to fend off strong competition from hungry rivals like Fitbit and Samsung.” Wearables were a big help for Apple’s recent financial results, with it and Services helping plug a shortfall in revenue from iPhone sales to bring Apple up to $64 billion. In the period, wearables revenue rose year-on-year by 54% to $6.52 billion… In terms of market share, Apple makes up 47.9% of smartwatch sales in the quarter, up from 45% in Q3 2018, and edging ever closer to the 50% mark.

Check It Out: Apple Gets Closer to 50% Share of Smartwatch Sales

Apple Gets Closer to 50% Share of Smartwatch Sales
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