This year marked Apple Watch’s fifth anniversary and this period of half a decade, the dominance of the company in the smartwatch segment has shot through the roof. So much so, that in the next three months, the lifetime Apple Watch shipments will reach 100 million units, says the latest report by Canalys. According to a report by the market analyst firm, in the first quarter of 2020, Apple has continued to lead the global smartwatch market despite witnessing an annual decline of 13%. In this period. The Cupertino-based tech giant shipped 5.2 million units of Apple Watch and was able to capture a 36.3% market share. The report also adds that the WatchOS has gained 4 million new active users, which has brought the total installed base to an estimated 70 million during the quarter. As per the report, the slow performance of the Apple Watch in Europe and North America was caused due to the fact that AIrPos were considered as a ‘must-have’ accessory. This was, however, balanced because of strong overseas demand for smartwatches as Apple even managed to capture “the greatest number of new users as it got a boost from its latest carrier partnerships in… Read full this story
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