It’s been about a year since the release of the Apple Watch, and it’s generally believed that the device is considered a failure. But is it, really? According to sales estimates, it’s possible that the opposite is true.
There are some financial analyst estimates that says that the Apple Watch could have sold as much as 12 or 13 million units in the first year of release. If we look at what the Wall Street Journal reported, that’s twice as much of iPhones sold in that product’s debut year.
If these sales estimates are in any way accurate, this means that the Apple Watch is an extremely viable business and is worth about $6 billion. According to device forecaster IDC, the Apple Watch has accounted for approximately 61 percent of smartwatch sales in 2015.
There’s other data that came from Verto Analytics that says the shares of the Apple Watch wearable devices is 17.5 percent.
It was also announced last week that Apple is going to have a new rule for developers of WatchOS apps: “Starting June 1, 2016, all new watchOS apps submitted to the App Store must be native apps built with the watchOS 2 SDK or later.” What this means is the apps created for Apple Watch has to be capable of working over WiFi, and not just with the iPhone’s connection.