Wearables Stories May 16, 2016

AAPL: 93.88

3.36

Apple Watch sales estimated around 1.5 million units during Q1 2016 made it the number one smartwatch, but the device continued to trail basic wearables from competitors Fitbit and Xiaomi. During the quarter both companies more than doubled Apple Watch sales, according to the latest data out today from industry watcher IDC.

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Wearables Stories March 17, 2016

AAPL: 105.80

-0.17

IDC’s latest report is out today with new estimates based on worldwide wearable shipments, and in it is a prediction that Apple Watch will hold the market lead this year and through 2020 as competitors begin to close the gap.

While the report shows estimates based on overall wearable shipments, which IDC says will go from 72.2 million last year to 100 million in 2016 for watch and wristband products, it also shows a breakdown of estimates for leading smartwatch platforms by operating system…

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Wearables Stories February 23, 2016

AAPL: 94.69

-2.19

IDC is out today with its latest data on the wearable market — both smartwatches and more basic activity trackers— and within we get a look at Apple Watch sales for the fourth quarter of 2015.

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Wearables Stories December 4, 2015

AAPL: 119.03

3.83

The latest IDC data on the wearables market suggests that Apple Watch sales are enjoying modest growth, up from an estimated 3.6M units in Q2 to 3.9M in Q3. This growth is mainly due to Apple taking the Watch into new markets, it says, though September’s introduction of modest discounts along with  gold and rose gold Sport models is also likely to have helped.

However, while Apple has emerged as the undisputed market leader in smartwatches, Fitbit has retained the top slot in the overall wearables sector.

While there has been clear growth in the wearable market, there has been little sign of product cannibalization. Smart watches have drawn increased attention to the market from the likes of Apple, Motorola, Pebble, and Samsung, but this has not dampened interest in fitness trackers.

IDC reports that Apple holds an 18.6% market share in the wearables market as a whole, while Fitbit leads at 22.2% – and says that both fitness bands and smartwatches are enjoying sales growth.

There was less happy news for Samsung, however …  expand full story

Wearables Stories November 3, 2015

AAPL: 121.18

1.68

Fitbit says sales unaffected by Apple Watch as revenues rise 168% year-on-year

Fitbit CEO James Park says that the company’s sales have been unaffected by the Apple Watch, as the company announced Q3 revenue up 168% year-on-year, reports the Guardian.

On a conference call with investors, Park said that the rollout of other smart watches, which often come with a step-tracker similar to Fitbit’s main function, did not have impact on the company’s growth. When asked about Apple’s new watch specifically, he said it had “no material impact”. He added that Apple and Fitbit cater to “two very different segments in the market” in terms of price point and use and that “there’s room for more than one dominant player.”

While there is no current overlap in pricing – Fitbit devices start from just $60 and top out at $250 – the statement may look a little optimistic in years to come. Apple is likely to add functionality to future Watches while maintaining its premium pricing, but it’s not impossible it could follow its iPhone strategy of keeping previous-generation devices on sale at a reduced price when new ones launch.

That could see the two companies competing at least at the $250 level – and in the meantime, there are already discounted Apple Watches out there, from Apple and others.

Via The Verge

Wearables Stories October 20, 2015

AAPL: 113.77

2.04

Misfit, the company co-founded by John Scully, this evening has officially taken the wraps off its Shine 2 wearable. The device offers a fully designed look with a handful of new functionalities, as well. The original Misfit Shine was revealed over two years ago, so today’s refresh is definitely welcomed as  a lot has changed in the wearable industry since 2013.

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