Connect with us

Headlines

Apple Watch Sales Belly-Flop by 55%

mm

Published

on

Tech giant’s share of the smartwatch market takes a major hit.

Sales of the Apple Watch plunged 55 percent in the second quarter as the tech giant saw its share of the smartwatch market fall from 72 percent to 47 percent, MarketWatch writes. The financial news outlet spoke with Roger Kay, the founder of tech consultancy Endpoint Technologies Associates, who attributed the decline to a tough comparison to the last year’s second quarter when the watch was first released. “The numbers look bad because [Apple] did well out of the gate,” he says. “It’s a hard compare, because essentially there was an overabundance of enthusiasm in the beginning.”

The company is planning to release the Apple Watch 2 later this year, which may attract a “flurry of first-time buyers,” the article adds.

Read more at MarketWatch

Advertisement

Advertisement

SPONSORED VIDEO

Wilkerson Testimonials

If It’s Time to Consolidate, It’s Time to Call Wilkerson

When Tom Moses decided to close one of the two Moses Jewelers stores in western Pennsylvania, it was time to call in the experts. After reviewing two candidates, Moses, a co-owner of the 72 year-old business, decided to go with Wilkerson. The sale went better than expected. Concerned about running it during the pandemic, Moses says it might have helped the sale. “People wanted to get out, so there was pent-up demand,” he says. “Folks were not traveling so there was disposable income, and we don’t recall a single client commenting to us, feeling uncomfortable. It was busy in here!” And perhaps most importantly, Wilkerson was easy to deal with, he says, and Susan, their personal Wilkerson consultant, was knowledgeable, organized and “really good.” Now, the company can focus on their remaining location — without the hassle of carrying over merchandise that either wouldn’t fit or hadn’t sold. “The decision to hire Wilkerson was a good one,” says Moses.

Promoted Headlines

Most Popular