Wednesday, July 8, 2015

Apple Watch Sales Plunge 90%

Sales of the new Apple Watch have plunged by 90% since the opening week, according to a new market-research report.

Apple AAPL, -0.25%  has been selling fewer than 20,000 watches a day in the U.S. since the initial surge in April, and on some days fewer than 10,000, according to data from Palo Alto, Calif.-based Slice Intelligence.

That is a sharp decline from the week of the April 10 launch, when Apple sold about 1.5 million watches, or an average of about 200,000 a day, Slice estimates.

Furthermore, two-thirds of the watches sold so far have been the lower-profit “Sport” version, whose price starts at $349, according to Slice, rather than the costlier and more advanced models that start at $549

(via Market Watch)

5 comments:

  1. No comparison.
    I think Apple has reached the limits of "No matter WHAT we charge, the Steve Job Fanboy Zombies will pay it".

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  2. Digital watches went out of style in the 90's. Not surprised. Maybe they should try an iboombox next.

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  3. Smartwatches to me are a gimmick

    ReplyDelete