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

Social games could grow five-fold to $5B market by 2015

Social gaming revenues hit $1 billion in 2010 and could grow five-fold to $5 billion in the next five years. Market research firm Parks Associates said that the revenue growth will come from increa...

Western Digital launches revamped WD TV media player for TV"

Last year’s device was pretty slow. But WD says this one is more responsive. These types of devices, such as Seagate’s recently launch Home Theater, cater to consumers who are storing more and more...