Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

Asymco: Apple Watch sold $4.9B in past year

Published 09/26/2017, 07:59 AM
© Reuters.  Asymco: Apple Watch sold $4.9B in past year
AAPL
-
  • Apple (NASDAQ:AAPL) has sold 33M Watch units since the launch of the line over two years ago and 15M in the past year, according to estimates from Asymco’s Horace Dediu.
  • The unit sales in the past year add up to $4.9B.
  • The math behind Dediu’s estimates matches up with CEO Tim Cook’s recent comments that the Apple Watch has outsold Rolex and that Watch sales increased 50% in the past quarter.
  • Dediu thinks the Watch story is just beginning and compares the device to the early iPhones, writing, “The Watch was born a timepiece but it is traversing through the early iPhone and pulling in a new direction all of its own.”
  • Previously: Apple issues statement on Watch cellular connection issues (Sept. 20)
  • Previously: Tim Cook "thrilled" with iPhone, Watch launch day sales (Sept. 22)

Original article

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.