A highlight of the Apple Watch is the ability to tell if the wearer has a heart problem called atrial fibrillation, and rival wearable-maker Fitbit is working to add AFib detection to its smart watches.
Fitbit, which preceded Apple in the wearables field, has reported its latest quarterly earnings — and they’re not as good as hoped for. Fitbit’s smartwatch revenue decreased 27% year-over-year. That was partly due to “weaker than expected” sales of the Fitbit Versa Lite Edition.
We already know that Apple sells more smartwatches than everyone else. But there are other types of wearable computers. Do companies sell enough of these other types to overtake the Apple Watch? In a word…Nope.
But the second largest wearable maker might surprise you. Especially considering how close behind Apple they are.
Apple Watch is finally starting to face some bigger competition from rival smartwatch-makers, based on the latest data from Canalys.
Fitbit and Garmin are capitalizing on the wearables trend and diversifying their lineups to appeal to specific use cases. As a result, Apple Watch’s market share shrunk even though it sold more watches in Q2 2018 than it did during the same period last year.
Apple was the top wearables vendor in Q1 according to market analysis firm Canalys. A rival analyst from Asymco also placed Apple at the top, but with a higher total of devices shipped. Canalys put the number at 3.8 million. the other at just over 4 million.
Disagreements like this are possible because Apple itself doesn’t reveal how many smartwatches it sells. Still, both groups of analysts agree that Apple Watch leads the market.