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Apple is consolidating power in the smartwatch industry at an alarming rate

“Apple is consolidating power within the smartwatch industry at an alarming rate,” Neil Cybart writes for Above Avalon. “A growing number of competitors are exiting the space as the anticipation and promise found with wrist computing has materialized for only a select few. For the rest, smartwatches have been nothing but frustration and despair. The writing is on the wall. There isn’t a smartwatch industry. Instead, there’s only an Apple Watch industry.”

“When compared to smartphone and tablet sales, smartwatch sales are still having a difficult time showing up on a chart. Since the start of 2015, there have been approximately 35M smartwatches shipped, compared to 385M tablets and 2.9B smartphones. In 2015, for every smartwatch shipped, there were 12 tablets and 80 smartphones sold. In 2016, these ratios are expected to improve slightly,” Cybart writes. “For every smartwatch shipped, 10 tablets and 78 smartphones will have been sold. People are buying smartwatches. The problem for the industry is that not many non-Apple Watch smartwatches are being sold.”

“Apple Watch has represented between 45 percent and 65 percent of quarterly smartwatch shipments since launching in 2Q15,” Cybart writes. “It’s clear: Apple Watch has consolidated power after just a few quarters of sales.”

Tons more in the full article – highly recommended – here.

MacDailyNews Take: Apple Watch is iPod redux.

Sleep tight, stupidwatch peddlers.

SEE ALSO:
Apple Watch has blood on its hands: Pebble is dead – December 7, 2016
Apple Watch has blood on its hands: ‘Microsoft Band’ wearable is dead – October 4, 2016
Computerworld reviews Apple Watch Series 2: It’s time to jump in – September 27, 2016
Ars Technica reviews Apple Watch Series 2: ‘Great experience with very few hiccups’ – September 22, 2016
Mossberg reviews Apple’s watchOS 3: Quicker, easier, and more useful – September 21, 2016
CNET reviews Apple Watch Series 2: ‘The smooth wrist companion it was always meant to be’ – September 14, 2016
WSJ reviews Apple Watch Series 2: ‘Apple Watch finds its purpose in life’ – September 14, 2016
The Verge reviews Apple Watch Series 2: There’s something effortlessly cool about it – September 14, 2016
Apple Watch Series 2: Apple refocuses its smartwatch – September 12, 2016

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