Apple Watch about to have its best quarter ever

Apple Watch about to have its best quarter ever
During the first week of holiday shopping, the Apple Watch reached new heights in terms of sales. According to Tim Cook, the quarter shapes up to be the best ever for the smartwatch.

In an email to Reuters, Cook said that the sell-through of the Apple Watch has broken its previous records. The sell-through is a measurement, which shows how many units reached the end-user, as opposed to the units sitting on store shelves. “Our data shows that Apple Watch is doing great and looks to be one of the most popular holiday gifts this year,” Cook wrote.

“Sales growth is off the charts. In fact, during the first week of holiday shopping, our sell-through of Apple Watch was greater than any week in the product's history. And as we expected, we're on track for the best quarter ever for Apple Watch,” Cook continued.

The Apple CEO didn't provide any specific numbers, though. In fact, Apple hasn't disclosed any sales figures for the Apple Watch. In its earnings report, it was labeled as “other product” and its data was summed up with that of other devices, such as the iPod and Apple TV.

Analysts in the field aren't too hyped about the success of the Apple Watch, though. Bob O'Donnell of TECHnalysis Research told Reuters, “While I'm not surprised that there is a good week, there are still, I think, significant concerns about the category”.

O'Donnell believes that Apple is looking for new revenue streams, as sales of the iPhone begin to level off. But according to the analyst, the Apple Watch won't be the product to fill the void, due to uncertain demand among consumers for smartwatches.

Apple Watch about to have its best quarter ever
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via Reuters

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16 Comments

1. kiko007

Posts: 7469; Member since: Feb 17, 2016

That's not saying much....

2. HugoBarraCyanogenmod

Posts: 1409; Member since: Jul 06, 2014

Phonearena title is so opposite compared to others, IDC says Apple watch sales plunged 70% as consumer prefer more simplicity wearables. PA stop being crooked and dishonest. Tell us the truth

9. ibend

Posts: 6747; Member since: Sep 30, 2014

yeah.. Q3 for them is -71% YoYhttp://www.fudzilla.com/news/42310-fitbit-is-the-king-of-wearables just some fake news with some hope to boost apple watch sell number... (and it's a total failure that their new model sell much less than older gen)

3. Martineverest

Posts: 521; Member since: Oct 27, 2015

lies! IDC said apple sales watch fell by 70 percent YOY.

4. Tizo101

Posts: 515; Member since: Jun 05, 2015

yeah right

5. xondk

Posts: 1904; Member since: Mar 25, 2014

Stuff sells better for holiday seasons.......really? that's amazing! /s

6. SIGPRO

Posts: 2810; Member since: Oct 03, 2012

This is Apple propaganda! You know how a herd works? If Apple says yes it's true the Apple watch sucks and sales declined by 70% sheep will say wait what....ok we will not buy it anymore. But if Apple say no this sells very well......sheep will say you see people are buying so i want one.....and that's how a herd works!

7. trojan_horse

Posts: 5868; Member since: May 06, 2016

Didn't the IDC report that Apple Watch sales declines 70% YoY? I do not understand where the claim of "Apple Watch about to have its best quarter ever" in this article comes from!

10. ibend

Posts: 6747; Member since: Sep 30, 2014

even that source link says "down 71 percent from the year-ago quarter" somehow they exclude that sentence in this article, lol...

13. cnour

Posts: 2305; Member since: Sep 11, 2014

Why showing your frustration like that. Take it easy.......

8. patrioticwarrior

Posts: 134; Member since: Nov 09, 2016

iPhonearena is just like cnn ,msnbc and abc . All lies.

11. lyndon420

Posts: 6452; Member since: Jul 11, 2012

Once they adopt a round display and throw in a battery that can last 2 days...then we might actually get an actual sales number. I'm sure it's been killing apple to hear how elegant most other smartwatches are.

12. Darkkracker

Posts: 255; Member since: Jun 11, 2016

Still my favorite smart watch by far. But I did just read last night that the I watch sales were not doing well.

14. cnour

Posts: 2305; Member since: Sep 11, 2014

Normal, best smartwatch will sell the best.

15. j2001m

Posts: 3060; Member since: Apr 28, 2014

Here are some good links to see how they are selling In the uk. Look out for the numbers they say they have sold on the left http://www.very.co.uk/apple-watch-series-2-42mm-gold-aluminium-case-with-cocoa-sport-band/1600121538.prd http://www.very.co.uk/samsung-gear-s3-classic-smart-watch/1600124055.prd On a small note they not selling due to they are selling the way cheaper s1 Apple Watch over s2

16. MrElectrifyer

Posts: 3960; Member since: Oct 21, 2014

IDC reports over 70% decline in YOY sales, yet the author has the audacity to label it "best quarter ever"? apple presstitutes at their finest...

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