How many times do we need to have this "discussion" about Apple focusing on profit margins primarily? Their market share is secondary at best.
I don't understand why these things are compared. Basic fitness-only wearables are a completely different product from Apple Watch. Most of that market is not going to buy an Apple Watch instead.
Fitness tracking is 1 of 100 Apple Watch features.
Edit: This just in - 95% of refrigerator profits not going to Apple.
To me the Apple Watch is a watch first with some fitness aspects but 99% of my usage of it is as a Watch. A fitness band is really only for Fitness and 100% of your usage of it will be for fitness.
Can we group this by price as well? I have a feeling they have a large portion of the wearables market greater than $200.
And the Apple Watch has 99% of profit on all of these devices. Not meant as fact, but that might be the reason that the AW sticks around.
While the Apple Watch remains the world's best selling smartwatch, the latest data from market research firm IDC reveals basic wearables "reign supreme" as consumers gravitate towards simple, dedicated fitness devices--which also typically cost less than the Apple Watch and other smartwatches.
![]()
Shipments in millions (Source: IDC)
Basic wearables accounted for 85% of the market and experienced double-digit growth in the third quarter, according to IDC. Fitbit remained the leader with 23% market share, up from 21.4% a year ago, on the strength of its new Charge 2 fitness tracker. Fitbit shipped an estimated 5.3 million wearables in the quarter.
Xiaomi trailed in second as its $14.99 Mi Band is priced well below any competing wearables, allowing the Chinese company to capture 16.5% market share based on an estimated 3.8 million shipments in the quarter. Xiaomi's market share remained virtually unchanged from 16.4% a year ago.
Meanwhile, the Apple Watch captured just a 4.9% share of the broader wearables market in the quarter based on an estimated 1.1 million shipments, according to IDC. Comparatively, in the year-ago quarter, Apple had an estimated 3.9 million Apple Watch shipments for a much higher 17.5% market share.IDC attributed Apple's decline in the third quarter to an "aging lineup" and an "unintuitive user interface." Apple addressed those concerns with Apple Watch Series 2, but the second-generation models launched in mid-September and therefore did not have a full impact on the third quarter.
Apple does not officially disclose Apple Watch sales, instead grouping the device under its "Other Products" category in earnings results.
Article Link: Apple Watch Drops to Just 5% Share of Wearables Market as Basic Fitness Trackers 'Reign Supreme'
But fashion! Appointments to try on to buy! It has to be elite, quick, give limited editions away to celebrities! Our store workers were born to sell these.
Ya Apple, ran right into the wall with Angela's marketing strategy with this device. Maybe they should have created a $10,000 gold version too to top off the mistake their marketing campaign was.
Sub $200 seems like the sweet spot they should have gone for on release day.
LOL!! The Apple Watch is by no means the Ferrari of watches.Good, as it should be. In other news Ferrari trails car market as Ford Focus takes "Reigns Supreme"
.....boring design......
Imagine instead an Apple FitBit-like product that can store months of health and GPS data. The minimal display has only time and a few functional settings. You sync it with your iDevice or Mac in the Health app (yes, a Mac Health app). Health app provides detailed analysis and beautiful graphs and maps. You can share Maps and graphs of runs or hikes, think of a map with both the route and integrated health data of your choosing. It would have rocked.
Anyway, the comparable smart fitness watches to the Apple Watch cost about as much as the Apple Watch. The example was pointless from the get go.Actually no, because these are brand new. Show me when/where I can get a brand new Apple Watch for half off.
I had a Xiaomi's 15$ Mi Band & now an Apple Watch.Good, as it should be.
In other news Ferrari trails car market as Ford Focus takes "Reigns Supreme"
Just to Pippin here, but Apple better make a QuickTake of their current direction as some products aren't generating a New ton of revenue.
AW1 was overpriced.
Apple should have gone for market share. The best advertisment is to see a friend have it and tell you how great it is. This is especially true if it is a new product category.
The user interface was horrible. They should have done something much simpler. Imagine the screen split into four quadrants, where each quadrant can either be a folder or an app. With 2-4 fast taps you could select any app. You can put the apps you use most often high in the hierarchy. That is much easier than zooming in and out with digital chrown and scrolling around among 50 apps and 95% you never use.
I also don't understand why it needs so much battery when I don't use the watch. A battery in a Tile lasts a year and it is able to poll my phone if it is lost and beep very quicly. Same mechanism can be used for notifications.
Poor sales Performa will likely mean an equally bad first Quadra's earnings report.
Your username is ironicIncorrect.
You can find many reports about the Apple Watch that say exactly the same thing.Saw a news post that many Fitbit users have given up on their Fitbit because it didn't motivate them enough to keep wearing and if that is all it does, it ends up in the junk drawer.
That's what happened to my Apple Watch.Saw a news post that many Fitbit users have given up on their Fitbit because it didn't motivate them enough to keep wearing and if that is all it does, it ends up in the junk drawer. At least they are not out much.
Ehh, with a company like Apple announcing those numbers could actually negatively impact the sales of it - even if they are good numbers for a smartwatch, they'll be compared against the iPhone.
[doublepost=1480957910][/doublepost]
It hasn't truly hit an upgrade cycle yet. Right now we have the "S" version, really.
Maybe, but since I can't see them ever taking the place of a phone (too small), 99% of the time people will have both devices on their person. I would like a totally autonomous device for going out walking or whatever, though. Not sure that's a big enough market to be the difference from "taking off" or not though.Functionality makes little sense for the price. Once these devices are antonymous and can be connected to the internet without a phone they will probably take off.