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IDC estimates 3.6 million Apple Watch units sold in Q2, 20% of all wearable shipments

Because Apple won’t report official Apple Watch sales numbers, we have to rely on analyst estimates to get an understanding of how well the Watch is faring with consumers. New numbers out of IDC push sales estimates upward somewhat, suggesting sales of 3.6 million units from April to June. In general, analyst consensus for Apple Watch sales is around 3 million units.

According to IDC, 3.6 million units shipped makes up 20% of the overall wearable market for the same period. Apple currently sits just behind Fitbit in sales volume, which shipped 4.4 million wearable devices. Due to the drastic difference in average selling price between models of Apple Watch and other wearables however, Apple is highly likely to be far ahead in terms of profits.


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Tim Cook’s revised stock deal cost him $4M this year

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Photo: mashable.com

ComputerWorld noted that Apple’s SEC filing on Friday revealed that Tim Cook lost out on $4M worth of stock as a result of his request to the board in August to revise his compensation arrangements to a deal he felt was fairer to shareholders.

Earlier this year Apple’s board revised Cook’s vesting schedule at his urging. Rather than the two monster stock handouts — which only relied on his continued employment — Cook asked that they be spread out over a 10-year period and tied to the company’s stock performance … 
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