Worldwide smartwatch market experiences first decline as shipments fall 32% in 2Q16, says IDC

For the first time, the worldwide smartwatch market saw an on-year decline of 32%, according to preliminary data from the IDC Worldwide Quarterly Wearable Device Tracker. Smartwatch vendors shipped 3.5 million units in the second quarter of 2016, which was down substantially from the 5.1 million shipped a year ago. Apple held the top rank by shipping 1.6 million watches. However, it was the only vendor among the top-5 to experience an annual decline in shipments. In fairness to Apple, the on-year comparison is to the initial launch quarter of the Apple Watch, which is in many ways the same product offered in the most recent quarter with price reductions.

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via Yuichun