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 drop , sales of smart watches slipped to under 1 million in the past quarter , even though they launched with a backlog of 1 million orders . Smart watches from Samsung , Lenovo and smart 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.