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Apple Watch Outpaces Wearables Market Growth to Reach Top Spot

Adam Rogers
Updated
Apple Watch Outpaces Wearables Market Growth to Reach Top Spot

Market research company IDC reported that Apple (AAPL) Watch shipments rose 38.4% YoY (year-over-year) to 4.7 million units in the second quarter, much higher than overall wearables market growth of 5.5% in the period. Apple’s share in the wearables market rose from 13% in the second quarter of 2017 to 17% in the second quarter 2018 and replaced China’s (FXI) Xiaomi as the leading player in the space. Its market share fell from 12.8% to 9.5%.

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