- The Apple (NASDAQ:AAPL) Watch shipped 18M units in 2017, up 54% on the year, according to Canalys data.
- Shipments were 8M in the holiday season, up 32% on 4Q16.
- The cellular version of the Series 3 helped drive the growth but only accounted for about 13% of the total. The non-LTE Series 3 accounted for 35% and the older Series 1 and Series 2 combined for a quarter of the total.
- Data center: On Saturday, reports said that Apple plans to open its first China data center in 2020. Now it looks like Apple will have two centers operable by that date.
- The official Xinhua news agency, citing local government, says the second center will be built in the Inner Mongolia Autonomous Region in the north.
- Shazam investigation: The European Commission announces plans to assess Apple’s acquisition of Shazam.
- Australia, France, Iceland, Italy, Norway, Spain, and Sweden joined together to request the investigation.
- Key quote: “Apple's proposed acquisition of Shazam does not meet the turnover thresholds set by the EU Merger Regulation for mergers that must be notified to the European Commission because they have an EU dimension. It was notified by Apple for regulatory clearance in Austria, where the transaction meets the national merger notification threshold."
- Apple shares are up 2.1%.
- Previously: Report: Apple's first China data center eyes 2020 opening (Feb. 3)
- Now read: Apple: 'Super Cycle' Could Be In Trouble, But Not The Company
Original article