Tag: wearables

SAN FRANCISCO (Reuters) – Sales of the Apple Watch to consumers set a record during the first week of holiday shopping, and the current quarter is on track to be the best ever for the product, Apple Inc Chief Executive Tim Cook told Reuters. Responding to an email from Reuters, Cook said the gadget’s sell-through […]

Still no one knows why they should buy one. The Apple Watch 2 has failed to revive the flagging smartwatch market in yet another sign that wearables remain a solution looking for a problem. The latest data from IDC shows that the smartwatch market (a subset of wearables) declined by 51.6% YoY in Q3 16 with […]

(Reuters) – Wearable fitness device maker Fitbit Inc’s revenue forecast for the key-holiday shopping quarter fell well below of analysts’ estimates, hurt by soft demand and production issues related to its new Flex 2 wristband. Shares of the company, which also reported lower-than-expected quarterly revenue, plummeted more than 30 percent in extended trading on Wednesday […]

The precipitous decline underscores the problem. It looks like demand for smartwatches has precipitously declined in Q2 16A, taking the overall outlook for wearables with it. To me this is just another signal that the market is not ready for wearables mostly because no one has really figured out what to do with them. Data from IDC […]

No-one seems to know about wearables. One minute we hear that the first wave of wearables is wearing thin, the next that they are the next big thing. Maybe the truth is that we are now beyond Wearables 1.0 and into the next phase. Certainly, devices such as the original Fitbit have lost their appeal […]

(Reuters) – Worldwide shipments of wearable devices are expected to rise 38.2 percent to 110 million units by the end of 2016, market research firm International Data Corp (IDC) said. IDC said Apple Inc’s Apple Watch was expected to lead the market this year with a 49.4 percent share, followed by Android Wear watches – powered […]

As a teenager in the 1970s I loved ‘The Six Million Dollar Man’ TV series featuring Steve Austin, the astronaut who crashed and was rebuilt. Remember the tag line? – “Gentlemen, we can rebuild him. We have the technology, the capability to make the world’s first Bionic man”! It captured my imagination and has come to the […]

According to both consumer research and investment analysis, the appetite for wearables is slowing down. Investment, according to Forbes, at least in ‘activity trackers’ has basically stalled. The consumer research was extensive, carried out, as it was, among 328,000 people. DisruptiveViews did its own extensive research – sample size one – and the wearable in […]

TAIPEI (Reuters) – The latest chapter in the miniaturisation of increasingly smart consumer electronics lies in the hands of chip packagers, an indispensable group of firms whose role in the supply chain alone is worth $27 billion. Packagers like Taiwan’s Advanced Semiconductor Engineering Inc (ASE) receive chips from manufacturers and prepare them for device assemblers […]
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