Posted on 07/07/2015 2:19:07 PM PDT by E. Pluribus Unum
(MEDIA GENERAL) – According to Market Watch, Apple investors have a reason to be cautious. A new market-research report shows a 90 percent drop in Apple Watch sales since its opening week in April.
Market Watch wrote, “Investors are used to seeing new products, such as the iPhone and iPad, fly off the shelves as soon as they are launched.”
The new “wearable tech” sold 1.5 million watches in the first week – about 200,000 a day. Now, the Apple Watch is selling fewer than 20,000, and sometimes fewer than 10,000, a day, according to Slice.
Slice bases its research on electronic receipts sent to millions of email addresses following purchases. The company conducts market research on behalf of consumer-goods companies, among others, many of them in the Fortune 500.
“Two-thirds of the watches sold so far have been the lower-profit ‘Sport’ version, whose price starts at $349, according to Slice, rather than the costlier and more advanced models that start at $549,” Market Watch reported.
With competitors like the health-monitoring Fitbit wristband, the Apple Watch has entered a competitive market for wearable tech.
Market Watch anticipates that “how well the watch fares may be one measure of how well Apple may be able to maintain the standards of excellence in innovation, marketing and production it achieved under (Steve) Jobs.”
All the sheep have been shorn.Exactly. There are only so many SwordMaker's on the planet.
Proud Apple free home, and probably $3000+ richer for it. My $350 Asus Laptop is almost obsolete because of my $40 LG Volt Android phone / GPS / MP3 player / web browser......all on a $17 a month Ting MVNO plan. If not for my home business I probably would only fire up the desktop once a week.
You can buy a Swatch watch for $45 that looks like the Apple watch. Maybe a little different : )
http://tinyurl.com/ow6nwqz
Oh? Where did you dig that up? Google's way back machine?
Tim Cook Is Killing Apple
By Rocco Pendola | 04/24/13 - 09:45 AM EDT
Let's see.
Apple's Market Capitalization on April 24, 2013 was $ 385 Billion.
Apple's Market Capitalization on July 7, 2015 is $ 723.7 Billion.
WOW! Tim Cook is killing Apple by only increasing Apple's net worth by 189% in 2 years. Could someone else have done better in that time? Frankly I doubt it.
Should he keep his mouth shut and just manage the company? Yes.
By the way, Rocco Pendola has a horrendous track record on his accuracy for predictions on Apple. . . about zero for getting anything right.
Android Smart Wrist Wrap Watch Phone for $25 or less
Dial, short message, phone book, call history, BT notification, BT music, Long-distance capture, pedometer, drink, rest, sleep monitor, anti-theft, power save mode etc
http://tinyurl.com/ogecl37
Well you are NOTHING more than an Apple cheerleader, so why should anyone listen to you?
Perhaps because I post facts and back them up with evidence, not rumors, lies, innuendo, and myths.
I prefer these.... :)
Is Apple Watch successful?
The Motley Fool, July 6, 2015.
. . . While its initial sales were not as high as iPhone or iPad, according to research from Morgan Stanley (NYSE:MS), the post-launch demand for the Watch has been higher than its sister products (iPhone and iPad). Ubergizmo examined that research and offered the following analysis:
The company tracked interest of the original iPhone, iPad, and Apple Watch in its first 5-6 weeks of launch and found that the iPhone managed to garner the most interest at the start, followed by the iPad, and then the Apple Watch. However as the weeks progressed, interest in the original iPhone started to decline rather sharply and around the fourth week, it was overtaken by the Apple Watch.Apple Watch looks to be a slow build. That makes sense because iPod paved the way for iPhone which did the same for iPad. All were essentially extensions of functions or form factor of its predecessor. With Apple Watch, the company has a new product entirely where consumer curiosity is high simply because it's a new Apple product, but demand may track to word of mouth. As more people see their friends with the watch and experience it themselves, more will want it.
How big is Apple Watch in year one?
Apple Watch may outpace sales of iPhone in its first year. iPhone sales were around 5.4 million units in year one, according to Statista. Apple Watch, Forbes speculated, had preorders of around 2.3 million devices. Based on those numbers, and the continued interest detailed above, the watch should be on a faster sales pace in year one than the phone. . .
Those 2.3 million Apple Watch were sold in just the first hour after the watch went on sale on April 10th plus more pre-sales in the month following and more yet as Apple opened sales in more countries, including 10 more nations on June 26, 2015.
No one has money for toys anymore.
I personally don’t see the point of it. Of course I’m not into that kind of stuff anymore, my last digital watch played two tunes: Dixie and Stars and Stripes Forever.
All of the retarded faggots with sufficient disposable income to buy a POS are accounted for.
Apple is going to end up like IBM.
You’re obviously thinking about someone else.
I probably have been critical from time-to-time, but I call’em the way I see’em. My family and I actually thoroughly enjoy the Apple products that we have.
Perhaps I am. . . and if so, I apologize.
Anyone who reads your posts on Apple products know this is a joke. You rave on them like a paid consultant (which you probably are!)
And don’t call me a Apple hater, my posts will prove otherwise. I rarely post on the topic.
No, I am just some one for whom, like all conservatives, the truth should matter, not lies and mis information. I am not paid by anyone except my own business now and my retirement. I maintain the Apple ping list on FreeRepublic and have done so for over ten years. I have an excellent memory and excellent resources. I'm also a cross platform consultant who is intimately familiar with all computer systems and recognize BS when I see it. I will post the facts and back up my posts with links, something you seldom find the anti-Apple crowd doing.
There are currently over 700 of your fellow Freepers interested in Apple topics who are members of the Apple ping list and they have requested that I post accurate data and are pleased that I refute the lies. Many of them thank me for doing so.
And don’t call me a Apple hater, my posts will prove otherwise. I rarely post on the topic.
No, I've not seen you post anti-Apple FUD.
Ahhh the many failures of Apple gleefully pointed out by the media. Now if only I could get my business to fail to the tune of having a trillion dollars in the bank....
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