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Xiaomi tops wearable shipments in Q2, Apple falls to third

Published 08/04/2017, 09:54 AM
© Reuters.  Xiaomi tops wearable shipments in Q2, Apple falls to third
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  • Wearables reached 22M global shipments in Q2, according to a Strategy Analytics research report. The total represents an 8% growth on the prior year’s quarter.
  • Xiaomi (Private:XI) topped the market with 3.7M units and a 17% share, earning the first place for the first time. Xiaomi’s shipments rose 23% on the year.
  • Fitbit (NYSE:FIT) came second with 3.4M units and a 16% share.
  • Apple (NASDAQ:AAPL) earned third place with 2.8M units, up 56% on the year, and a 13% market share.
  • Xiaomi pulled ahead thanks to lower cost products that performed well in China. Apple lagged by not having a product in the fitness tracker market.
  • Now read: 300 Billion Reasons To Buy Apple


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