Apple's shipments of wearables continued to grow year-on-year in the first quarter of 2021, but the company lost overall market share to smaller rivals, according to newly-published IDC data.
Companies shipped a total of 104.6 million units in the first quarter of this year, marking a 34.4 percent increase from the 77.8 million units shipped at the same time last year. This is also the first time that first-quarter shipments have topped 100 million units worldwide.
While market leaders like Apple and Samsung maintained their lead during the quarter, most of the growth came from smaller companies like BoAt.
Apple started 2021 the same way it ended 2020: as the clear leader in the worldwide wearables market. Appetite for its smartwatches remained strong with the less expensive SE and Series 3 gaining further traction in the market while its earwear – inclusive of AirPods and Beats – showed sequential declines after reaching record levels in 4Q20.
Although Apple sold five million more wearables in the first quarter of 2021 and stayed the market leader, it lost 3.5 percent overall market share to competitors, most of which were much smaller.
IDC wearables data includes both smartwatches, such as the Apple Watch, and earwear, such as AirPods. Apple does not provide specific breakdowns of the number of Apple Watch and AirPods models shipped, so IDC's data is based on estimates.
During an earnings call earlier this, Apple said that wearables set a new revenue record in the first fiscal quarter of 2021. Apple's wearables business is now the size of a Fortune 120 company.
I wouldn’t call the rest competitors, any more than I consider a fire tablet an iPad competitor. Apple probably faces more ”competition” from older generations of their products than anywhere else in the market.
In the end, there is no smartwatch market, only an apple watch market.
Apple Watch: poor battery life. Now I'm wearing a sport band which only needs to be charged twice a month
I went the other way - wore a fitness band for a couple couple years, then switched to an Apple Watch.
For me, it turned out the notifications were a bigger deal than counting steps... plus the fitness bands I'd used (from Garmin and from Fitbit) didn't seem to last for more than a year. My first Apple Watch was still going strong after three years - I bought a new one, and my brother is happily using my old one.
The Watch's workout tracking is pretty poor, and really not much better than what my iPhone can do.
That's utter crap. The workout tracking is quite impressive under all circumstances, especially for a multi-purpose item. Show me your BPM's with your iPhone while running...
Apple never cared about market share. They care about profits and they continue to make more money off their products than any other company on the planet.
Two things I really wanted to buy from Apple but didn't: Apple Watch: poor battery life. Now I'm wearing a sport band which only needs to be charged twice a month Homepod: poor connectivity.
There are 2 full size homepods and 2 homepod minis in my house they all function without any issues and charging the watch once a day isn’t a big deal. Most people don’t even wear regular watch 24/7 so placing it on the charger everyone it’s not being worn isn’t a problem. When you consider the functionality of the Apple Watch vs the devices that have more battery life is almost incomparable
Somewhere out there - at a coffee shop, there is someone on a phone call with their iPhone, wearing AirPods, and a Apple Watch, drawing on their iPad with an Apple Pencil, checking email on their Macbook, which fits in a bag or backpack that contains an AirTag. Oh wait that’s me.
Apple's Wearables, Home, and Accessories category saw strong growth during the third fiscal quarter of 2021, Apple CEO Tim Cook said during today's earnings call. The category brought in $8.8 billion, up 36 percent from $6.5 billion in the year-ago quarter. According to Cook, the category set a new all-time June quarter revenue record.
Wearables, Home, and Accessories includes the Apple...
Monday January 3, 2022 10:44 am PST by Joe Rossignol
Apple briefly became the world's first $3 trillion company today based on market capitalization, which is the total value of all of the company's outstanding shares. The milestone came after Apple's stock price rose over 40% in the last year.
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Apple faced significant supply constraints across all devices during the first fiscal quarter of 2022, but product supplies are expected to improve in the March quarter, Apple CEO Tim Cook told The Wall Street Journal ahead of today's earnings call.
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Apple today reported its earnings results for the fourth quarter of 2021, which corresponds with the first quarter of the 2022 fiscal year. Overall, Apple reported revenue of $123.9 billion, which is an all-time quarterly record for the company.
On a category-by-category basis, Apple also set all-time quarterly revenue records for the iPhone, Mac, Wearables, and Services:iPhone: $71.6...
iPhones accounted for around one-fifth of all smartphone shipments in the fourth quarter of 2021, allowing Apple to reclaim first place as the biggest smartphone vendor, according to a report from Canalys.
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Apple is offering a $150 gift card with the purchase ...
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The site claims that it has received new information on the AirPods Pro 2, and it has used that information to provide some renders on what the earbuds might look like. Design wise, there...
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Subscribe to the MacRumors YouTube channel for more videos. Lock Screen Photo Wallpaper Customization
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Apple is "likely" to announce its long-rumored mixed-reality headset as soon as January 2023, Apple analyst Ming-Chi Kuo has reiterated.
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Apple on May 16 released iOS 15.5 and iPadOS 15.5, bringing improvements for Podcasts and Apple Cash, the ability to see Wi-Fi signal of HomePods, dozens of security fixes, and more.
Top Rated Comments
In the end, there is no smartwatch market, only an apple watch market.
For me, it turned out the notifications were a bigger deal than counting steps... plus the fitness bands I'd used (from Garmin and from Fitbit) didn't seem to last for more than a year. My first Apple Watch was still going strong after three years - I bought a new one, and my brother is happily using my old one.