Not long ago, we covered a news report which mentioned that the sales of the Apple Watch have dropped over 70% in value when compared to their number when the device was first released a couple of months ago. While this is usually a normal event when new devices are released, what’s exciting is that the device has managed to snag 75% of the total smartwatch market, once again proving its superiority over many of the other competitors that have made a name for themselves.
Analysts from all around the world are divided when it comes down to how many watches Apple has managed to sell in the last quarter, as the company hasn’t revealed ay numbers. However, they did talk about their sales increasing and decreasing.
Apple’s CEO, Tim Cook also stated that the “sales of the Watch did exceed my expectations, despite supply trailing demand at the end of the quarter.” This once again proves the fact that the sales have plunged, but if the report is true, then it looks like Apple Watch shipments hit 4 million units last quarter. The number is based on a forecast that has been made by Strategy Analytics. If the numbers are true, then that means that Apple now holds around 75% of the global smartwatch market share, which is a massive amount even for the Cupertino-based company.
Of course, there are also other top providers, such as Samsung, LG and Motorola which have created some great devices. Based on similar events which happened in the past, we can assume that the sales of these devices will increase more as time passes, thus reaching a common value with the Apple Watch.
Based on everything that has been outlined so far, what do you personally think about the Apple Watch? Do you think that it deserves to hold this much of a market share? Please let us know your thoughts in the comment section below.