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Apple jumps to lead wearable computing with smartwatch
by Staff Writers
Washington (AFP) May 5, 2017


Apple has leapt to the lead in wearable computing on strong sales of its smartwatch, a market survey shows.

The survey released Thursday by Strategy Analytics showed Apple grabbed a 15.9 percent share of the wearables market in the first quarter.

While Apple does not release sales figures for its Apple Watch, the estimate by Strategy Analytics showed a 59 percent jump in sales from a year earlier, with 3.5 million units sold in the first three months of the year.

"The new Apple Watch Series 2 is selling relatively well in the US, UK and elsewhere, due to enhanced styling, intensive marketing and a good retail presence," said Strategy Analytics executive director Neil Mawston.

Fitbit, which has been a longtime leader of the wearables market with its fitness bands, slipped to third place on a 36 percent slide in sales in the first quarter, the research firm said.

The survey found that China's Xiaomi, which makes a budget-priced fitness band, was the second-largest vendor with a 15.5 percent global market share, ahead of Fitbit's 13.2 percent.

"Fitbit has lost its wearables leadership to Apple, due to slowing demand for its fitness bands and a late entry to the emerging smartwatch market," said Strategy Analytics researcher Cliff Raskind.

"Fitbit's shipments, revenue, pricing and profit are all shrinking at the moment and the company has a major fight on its hands to recover this year."

Overall, the report said sales of wearables rose 21 percent from a year earlier to 22 million units, led by stronger demand for new smartwatch models.

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APPLE INC.

FITBIT

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Tablet market extends slide as consumer habits shift
Washington (AFP) May 4, 2017
The tablet craze from a few years ago showed more signs of fading this year, with most major producers reporting sales declines, market surveys showed Thursday. IDC reported an 8.5 percent drop in global tablet shipments to 36.2 million. This was the 10th straight quarterly decline for tablets, IDC said. A separate survey by Strategy Analytics pegged the decline for the quarter at 10 per ... read more

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