Don’t be fooled: Apple’s iWatch is a business now worth billions

4df7c47197f1906cedb5d7bbf47f485e

While some sections of the media have portrayed Apple’s iWatch as as big as failure and Google’s miserable Glass project, Apple’s iWatch is in fact a thumping success – to the tune of $6 billion dollars.

Apple don’t release sales numbers, but estimates suggest they shipped 12million smartwatches in 2o15, with 5m of those coming in the fourth quarter just gone.

Apple now owns two-thirds of the smartwatch market (64%).  Not bad considering they entered the market on April 24  2015.

The big loser? Samsung. It used to own 74% of the market until Apple decided to get into the game.  Now Samsung own just 16%. Ouch!

Meanwhile, the entire Swiss watch export market hit a six year low in 2015. Coincidence? Hardly.

You can blame the Chinese slowdown if you wish, but there the main reason the watch and jewellery market is taking a huge hit  is Apple. 

Interested in digital training? Contact Andy at Furthr right now.

Posted in: Infographic of the day

Leave a comment

Your email address will not be published.


This site uses Akismet to reduce spam. Learn how your comment data is processed.