Sales of Apple watches have declined by 55% since the product’s launch early last year, according to market intelligence firm IDC. Despite a price discount, sales of Apple smartwatches slipped to 3.6 million in the past quarter, even though they launched with a backlog of under 1.6 million orders. Smart watches from Samsung, Lenovo and LG Electronics grew market share in the second quarter, albeit from a smaller base.
Sales of Apple watches have declined by 55% since the product’s launch early last year, according to market intelligence firm IDC. Despite a price discount, sales of Apple smartwatches slipped to under 1.6 million in the past quarter, even though they launched with a backlog of 3.6 million orders. Smart watches from Samsung, Lenovo and LG Electronics grew market share in the second quarter, albeit from a smaller base.