Welcome to the IKCEST
Apple jumps to lead wearable computing with smartwatch

Apple has leapt to the lead in wearable computing on strong sales of it smartwatch, a market survey shows.

The survey released Thursday by Strategy Analytics showed Apple grabbed a 15.9 percent share of the wearables market in the first quarter.

While Apple does not release sales figures for its Apple Watch, the estimate by Strategy Analytics showed a 59 percent jump in slaes from a year earlier, with 3.5 million units sold in the first three months of the year.

"The new Apple Watch Series 2 is selling relatively well in the US, UK and elsewhere, due to enhanced styling, intensive marketing and a good retail presence," said Strategy Analytics executive director Neil Mawston.

Fitbit, which has been a longtime leader of the wearables market with its fitness bands, slipped to third place on a 36 percent slide in sales in the first quarter, the research firm said.

The survey found that China's Xiaomi, which makes a budget-priced fitness band, was the second-largest vendor with a 15.5 percent global market share, ahead of Fitbit's 13.2 percent.

"Fitbit has lost its wearables leadership to Apple, due to slowing demand for its fitness bands and a late entry to the emerging smartwatch ," said Strategy Analytics researcher Cliff Raskind.

"Fitbit's shipments, revenue, pricing and profit are all shrinking at the moment and the company has a major fight on its hands to recover this year."

Overall, the report said sales of wearables rose 21 percent from a year earlier to 22 million units, led by stronger demand for new smartwatch models.

Original Text (This is the original text for your reference.)

Apple has leapt to the lead in wearable computing on strong sales of it smartwatch, a market survey shows.

The survey released Thursday by Strategy Analytics showed Apple grabbed a 15.9 percent share of the wearables market in the first quarter.

While Apple does not release sales figures for its Apple Watch, the estimate by Strategy Analytics showed a 59 percent jump in slaes from a year earlier, with 3.5 million units sold in the first three months of the year.

"The new Apple Watch Series 2 is selling relatively well in the US, UK and elsewhere, due to enhanced styling, intensive marketing and a good retail presence," said Strategy Analytics executive director Neil Mawston.

Fitbit, which has been a longtime leader of the wearables market with its fitness bands, slipped to third place on a 36 percent slide in sales in the first quarter, the research firm said.

The survey found that China's Xiaomi, which makes a budget-priced fitness band, was the second-largest vendor with a 15.5 percent global market share, ahead of Fitbit's 13.2 percent.

"Fitbit has lost its wearables leadership to Apple, due to slowing demand for its fitness bands and a late entry to the emerging smartwatch ," said Strategy Analytics researcher Cliff Raskind.

"Fitbit's shipments, revenue, pricing and profit are all shrinking at the moment and the company has a major fight on its hands to recover this year."

Overall, the report said sales of wearables rose 21 percent from a year earlier to 22 million units, led by stronger demand for new smartwatch models.

Comments

    Something to say?

    Log in or Sign up for free

    Disclaimer: The translated content is provided by third-party translation service providers, and IKCEST shall not assume any responsibility for the accuracy and legality of the content.
    Translate engine
    Article's language
    English
    中文
    Pусск
    Français
    Español
    العربية
    Português
    Kikongo
    Dutch
    kiswahili
    هَوُسَ
    IsiZulu
    Action
    Related

    Report

    Select your report category*



    Reason*



    By pressing send, your feedback will be used to improve IKCEST. Your privacy will be protected.

    Submit
    Cancel