Apple Watch shipments neared 5 million units during Q2 2018: IDC

Apple Watch shipments neared 5 million units during Q2 2018: IDC
Late last week, a report by Counterpoint Research revealed that the Apple Watch Series 1 and Series 3 were two of the best-selling smartwatches globally during the second quarter of 2018. And today, thanks to a new report courtesy of IDC, it’s been revealed that Apple’s total shipments neared the 5 million mark during the three-month period.

To be precise, Apple reportedly shipped a total of 4.7 million Apple Watch units between April and June of this year, sufficient to boost the brand’s market share in the wearables market to 17%. This subsequently allowed the popular brand to take the global number one spot and also represented significant growth over the numbers registered a year prior when Apple sold 3.4 million units of its popular wearable.

While on the topic of growth, it seems the only major manufacturer to experience a decline was Fitbit, which saw its sales drop by a considerable 0.7 million units versus the year prior. Nevertheless, it did still ship a total of 2.7 million units which allowed it to take third place overall. Elsewhere in the market, however, it seems as though performance was largely positive. Taking second place overall, Xiaomi managed to ship a total of 4.2 million units during the period, while fourth place Huawei performed extremely well during the quarter, reaching a total of 1.8 million units. This number represents an extra 1 million units over the previous year and also equates to a growth rate of 118.1%. Also, Garmin, which took the final available spot in the global top 5 grew its shipments ever so slightly to 1.5 million.

Overall, with the Apple Watch Series 4 just around the corner, it shouldn’t be too long before Apple surpasses the 5 million mark per quarter. Likewise, it looks as though Huawei’s dominance in the wearables market shows no sign of slowing down as it continues to focus on China. Unlike Apple, which relies solely on smartwatch shipments, however, Huawei’s growth has been driven mainly by its fitness tracker sales.

source: IDC

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