Showing posts with label SmartWatch. Show all posts
Showing posts with label SmartWatch. Show all posts
Thursday, August 20, 2015
Tuesday, July 21, 2015
Tim Cook: Apple Watch had a better launch quarter than the iPhone and iPad did
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| Tim Cook: Apple Watch had a better launch quarter than the iPhone and iPad did |
While Apple reported results for its fiscal third quarter this afternoon,
it did not break out sales for the Apple Watch. The quarter that
started in April and ended in June was the first to include results from
Apple's timepiece. The tech titan put revenue from the Watch into a
category called "other products" which reported quarterly revenue of
$2.64 billion. This was a year-over-year gain of 49%. Apple said that it
hid results for the watch so that competitors couldn't gain any
"insights" into how the product is selling.
Earlier this month we passed along data from a research firm called Slice. The numbers showed that daily sales in the U.S. of the Apple Watch had declined by 90% since the timepiece launched in April. Overall, there is a general sense that the Apple Watch is not selling like Apple thought it would.
Still, Apple CEO Tim Cook said after the earnings announcement that sales of the Apple Watch had exceeded his expectations. He added that supply could not keep up with demand by the end of June, when the quarter ended. The executive believes that Apple Watch will be one of the top gifts for the holiday season and plans on expanding sales channels as a result. He also noted that the watch outperformed the Apple iPhone and Apple iPad in their first quarters after being launched.
Without specific numbers from Apple, Wall Street analysts tried to compute how the Apple Watch did for the quarter. Piper Jaffray's Gene Munster originally figured that 1.2 million units were sold at an average price of $550. But after hearing Cook's optimistic comments, Munster raised his forecast to 2.5 million watches sold.
Apple CFO Luca Maestri actually gave us a decent idea of how much revenue the Apple Watch produced in the quarter. Noting that the "other products" category (which included the Apple Watch) rose $956 million on a sequential basis, Maestri said that the watch accounted for more than 100% of the category's growth in the period. That suggests that the Apple Watch did over $1 billion in sales for the fiscal third quarter.
source: CNET
Earlier this month we passed along data from a research firm called Slice. The numbers showed that daily sales in the U.S. of the Apple Watch had declined by 90% since the timepiece launched in April. Overall, there is a general sense that the Apple Watch is not selling like Apple thought it would.
Still, Apple CEO Tim Cook said after the earnings announcement that sales of the Apple Watch had exceeded his expectations. He added that supply could not keep up with demand by the end of June, when the quarter ended. The executive believes that Apple Watch will be one of the top gifts for the holiday season and plans on expanding sales channels as a result. He also noted that the watch outperformed the Apple iPhone and Apple iPad in their first quarters after being launched.
"Sales
of the Watch did exceed my expectations, despite supply trailing demand
at the end of the quarter...beyond the very good news on sales, we're
more excited on how the product is positioned for the long term, because
we're starting a new category"-Tim Cook, CEO, Apple
Without specific numbers from Apple, Wall Street analysts tried to compute how the Apple Watch did for the quarter. Piper Jaffray's Gene Munster originally figured that 1.2 million units were sold at an average price of $550. But after hearing Cook's optimistic comments, Munster raised his forecast to 2.5 million watches sold.
"We
believe the number may fuel investor concerns about the near and
long-term wearable opportunity. It's too early to write the Watch
off."-Gene Munster, analyst, Piper Jaffray
Apple CFO Luca Maestri actually gave us a decent idea of how much revenue the Apple Watch produced in the quarter. Noting that the "other products" category (which included the Apple Watch) rose $956 million on a sequential basis, Maestri said that the watch accounted for more than 100% of the category's growth in the period. That suggests that the Apple Watch did over $1 billion in sales for the fiscal third quarter.
source: CNET
Tuesday, October 07, 2014
Asus ZenWatch to launch first in Taiwan in extremely limited numbers
The Asus ZenWatch
is about to hit stores in Taiwan this November, just as the company
promised, however, news site VR Zone reports that the initial run will
consist of only 300 units. The reason for the limited availability is
unknown, but it is a sign that Asus may not be in a hurry to bring the
device to western markets.
The ZenWatch was announced at this year's IFA in germany and impresses with a sleek, elegant, slightly curved design. Its hardware
The ZenWatch was announced at this year's IFA in germany and impresses with a sleek, elegant, slightly curved design. Its hardware
Monday, October 06, 2014
LG G Watch R to cost more than its square brother, sales start soon
Apple Watch delayed for February in limited quantity
Wednesday, September 10, 2014
LG G Watch gets $50 off deal after Apple Watch announcement
In the deluge of Apple news yesterday, anyone interested in Android Wear
may have missed a good deal that hit just after Apple's announcement.
It's hard to not draw a connection here, but right after Apple announced
the Apple Watch, the LG G Watch saw a $50 off deal begin in various
stores.
The LG G Watch has a regular price of $229.
This is a price many have considered a bit high given that the Samsung
Gear Live costs $199 and features almost identical specs and also
includes a heart rate monitor, which the G Watch doesn't have. Now, the
LG G
Saturday, September 06, 2014
Motorola Moto 360 sold out in just a few hours
Motorola Moto 360, the iconic smartwatch, was launched shortly after
the official Motorola event on September 5. The conference was held in
Chicago and Motorola announced the second generation Moto X and Moto G, plus the launch of the long-awaited Moto 360 for $250.
As it turns out the Moto 360 stock was depleted in the next few hours after the launch. Both
As it turns out the Moto 360 stock was depleted in the next few hours after the launch. Both
Friday, September 05, 2014
Google releases Android Wear roadmap for the rest of the year
On Thursday, we passed along some speculation about an October 15th update
that will take Android Wear to version 2.0. Today, on Friday, Google
posted a roadmap revealing its plans for updating the Android Wear
platform for the remainder of the year. Google has said that it would be
updating Android Wear often.
First on the roadmap is an update that will bring offline music playback and a GPS sensor to the watches. The update will allow music stored on an Android Wear powered watch, to be heard over
First on the roadmap is an update that will bring offline music playback and a GPS sensor to the watches. The update will allow music stored on an Android Wear powered watch, to be heard over
Thursday, September 04, 2014
LG G Watch R hands-on
Last week, LG revealed its round Android Wear contender to the popular
Moto 360 – the LG G Watch R, which is the first smartwatch from a major
manufacturer to sport a perfectly-round display (the Moto 360 has some
“wasted” space at the bottom). But is this enough to rule out that the G
Watch R is the best smartwatch up until now? Well, we can't tell if
this will be the case indeed unless we gave the G Watch R right at our
Sunday, August 31, 2014
Best Buy takes $50 off the price of the LG G Watch
With the LG G Watch R bringing a round face to the manufacturer's Android Wear powered smartwatch lineup,
Best Buy has decided to cut the price of the original LG G Watch. The
big box retailer has sliced $50 off the price of the original LG
timepiece. That brings the price of the rectangular wearable, available
in black or white,
Sony SmartWatch 3 and SmartBand Talk renders appear, as clear as the Hudson River
Sony is expected to introduce the Sony Xperia Z3, Sony Xperia Z3 Compact
and the Sony Xperia Z3 Tablet Compact this coming week at IFA in
Berlin. In addition, it appears that Sony will be introducing a pair of
new wearable devices at the same time. Fuzzy looking renders of both the
Sony SmartWatch 3 and the Sony
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