Pebble smartwatch sold 275,000 units prior to Best Buy sellout

Pebble smartwatch sold 275,000 units prior to Best Buy sellout
The Pebble smartwatch has been setting records since it raised over $10 million on the Kickstarter crowd-funding site. Despite problems that were killing off particular units earlier this year, a majority of Pebble owners love the watch, especially since an SDK was released for the device which allows third party developers to offer alternate faces and apps for the smartwatch.

On Thursday, Pebble Technology announced that it had sold 85,00 units through its Kickstarter campaign, and another 190,000 pre-orders were received through Pebble's website. And that was all before the smartwatch sold out during the weekend after being put up for sale at Best Buy stores. Pebble CEO Eric Migicovsky called it good news for both developers and users of Pebble. For developers, it means that they have the opportunity to distribute apps to more watches. For users, it means that more developers will get involved resulting in more apps to choose from. One million apps have been downloaded to date.

While the sell out seems to be good news for Pebble, at least one analyst isn't impressed. Forrester analyst Rotman Epps says that the company provided Best Buy with a limited number of watches in order to create artificial scarcity. While this helps create a hype around the watch, "Ultimately, the product will speak for itself,” the analyst said. Epps is bearish on Pebble's future.

The 275,000 watches sold via Kickstarter and the Pebble website do not represent the number of units actually shipped to end users, and also does not count the sales made through Best Buy. Using Bluetooth, the Pebble smartwatch pairs with a smartphone to allow you to be notified of phone calls, and allows you to view emails and text messages. The company has announced that the next update for its iOS application will come in 2 to 3 weeks and will support Gmail and IMAP email notifications.

The quick sell out of the Pebble smartwatch at the big box retailer has to be warming the hearts of executives at major tech companies like Apple, LG, Samsung, Microsoft and Google. Each one of those manufacturers are expected to introduce a smartwatch some time this year or next. Apple has already filed for a trademark in various countries for the name iWatch.

source: Kickstarter, Forbes via AppleInsider

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6 Comments

1. HASHTAG unregistered

I really do wonder how many people that ordered one actually received it? I watched on Bloomberg a couple weeks ago that those who ordered the white version are still waiting. But I am interested in buying one, but just not sure if I should wait for Samsung, Sony, or even Apple.

2. alltechinside

Posts: 248; Member since: Apr 21, 2013

You should probably wait. Pebble "smart" watch isn't really "smart" yet because it is one of the earliest products and it is pretty limited. You should probably wait for the big boys to produce or wait for someone to put out a revolutionary smartwatch or non-handheld product (Google Glass).

3. HASHTAG unregistered

Considering that I already wear glasses (prescription), I'll will probably will indeed wait for the the big boys. Just wish they would kind of speed up the process considering that I am really interested in a smart watch. I think Google Glass is a good concept as well, but I think it's a little too soon for the market, IMO.

6. f1r3z0r

Posts: 92; Member since: Nov 09, 2011

DONT buy it!!!! it does not have good quality control as Sony or Samsung just go to bestbuy and read the comments...the watch break around 1 hour of use

4. KingKurogiii

Posts: 5713; Member since: Oct 23, 2011

i want to get a Pebble for myself but i want a grey one so i think i'll hold out a little longer.

5. Sailingmaster

Posts: 24; Member since: Feb 26, 2012

I pre-ordered a Black model back in March. Got a nice email telling me that instead of fulfilling my pre-order, they'd decided to ship a bunch of inventory to Best Buy so lots of people who didn't pre-order could get one sooner! I sent an email to customer service and asked so... people who didn't pre-order can go and buy one... But I pre-ordered one of that color, but you can't fill my order... I asked why should I care about Pebble as a company if that's an indication of how you treat customers. I got back a reply which was word for word a copy of the first email. If that's how Pebble's customer service works... I really don't want to deal with their tech support.

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