May 4, 2024

Tim Cook Says Apple Watch Sales Growth is Off the Charts Following Reports of Market Share Decline

Posted December 6, 2016 at 1:54pm by iClarified · 6435 views
Apple CEO Tim Cook has issued a statement following an IDC report that has Apple Watch market share dropping 71% year over year. IDC estimated that Apple sold 1.1 million Apple Watch devices in the third quarter, down from 3.9 million a year ago.

In an email to Reuters, Cook says "Our data shows that Apple Watch is doing great and looks to be one of the most popular holiday gifts this year."

"Sales growth is off the charts. In fact, during the first week of holiday shopping, our sell-through of Apple Watch was greater than any week in the product’s history. And as we expected, we’re on track for the best quarter ever for Apple Watch," he said.

Cook's comment look forward to the holiday quarter rather than the past quarter IDC is referring to.

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