Providing market intelligence for more than 35 years

VentureBeat

Apple Watch sales dive in June; 10% of households will buy a smartwatch this year

This is the second bit of bad news for the Watch in roughly a week. Slice reported at the end of June that the Fitbit was outselling the Watch after trailing behind since the Apple device became available for preorder April 10.

Meanwhile, Parks Associates released new research today saying that 9 percent of U.S. broadband households plan to buy a smartwatch in 2015. At this time last year the smartwatch was considered little more than a tech novelty by most people outside tech corridors.

Parks adds that 40 percent of smartwatch shoppers plan to spend $100-$250 on a device, with over 60 percent of these consumers planning to use this wearable for fitness applications.

Six percent of smartwatch shoppers plan to spend $350 or more on a device. Interestingly, nearly three-quarters of those planning to spend more than $500 told Parks they would only buy a smartwatch if it worked without a smartphone.

From the article "Apple Watch sales dive in June; 10% of households will buy a smartwatch this year" by Mark Sullivan.

Previously In The News

Oracle brings the real world’s data to its Marketing Cloud

Cross-device, cross-channel identification is a hot topic these days. A newly launched platform from ZenithOptimedia and NinthDecimal, for instance, relies on that capability for scoring which ads...

LinkedIn’s new profile-driven ad network is a balancing act between users and marketers

But Parks Associates director research Barbara Kraus said LinkedIn users won’t be surprised by this use of their information. “People see LinkedIn as a business resource,” she told me via email...

Google is now officially beating Apple in the TV streaming market

Roku and Apple dominated the TV streaming market last year, but now Google’s Chromecast has pulled ahead of Apple to become a front-runner. Research firm Parks Associates just released some new...

Two-thirds of Netflix users share their account credentials, new study claims

This study comes a few weeks after research from Parks Associates suggested that credential-sharing will cost the video-streaming service industry $500 million in direct revenues globally in 2015....