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Showing posts with label smartwatches. Show all posts
Showing posts with label smartwatches. Show all posts

December 9, 2016

FitBit takeover of Pebble without their hardware stumps analytics and investors alike

Top 5 Wearable Vendors Marketshare: FitBit,Xiaomi and Apple Lead the stakes(IDC data)

 
After days of speculations and rumors on Pebble and Fitbit takeover talks, Fitbit has finally announced that it is acquiring " wearable smartwatches manufacturer Pebble .On December 7, 2016, Fitbit officially announced that they acquired assets from Pebble, including key personnel, as the company decided to stop producing wearable technology.However this does not include the hardware from Pebble.

While this seemed like a good news for both as Pebble was struggling to gain market share in the wearable industry and might have suffered in the future and may have gone under without an exit plan. However a few analysts are pointing out that the takeover plan by Fitbit does not make much strategic alignment not a very good  fit as it does not include pebble's famed"Hardware". Considering Pebble's hardware is what helped the company build a following in the first place, not owning the hardware part  for Fitbit is like killing the product and stopping innovation

Post this takeover Fitbit risks not only disappointing the thousands of loyal fans that believed in Pebble despite the odds but also leaves them high and dry .According to endgadget, Fitbit now plans discontinue many of  Pebble wearable which was supposed to be launched in the next quarter.
They includes all the devices that were listed in the company's latest Kickstarter campaign including The Time 2 and the Core -a GPS-enabled accessory for runners, both promised for next year -- will never ship. If you ordered a Pebble 2 or a special Kickstarter Edition of the Time Round and haven't received it yet, you won't get one. Pebble has said all Kickstarter preorders will be refunded within the next week.

During Q3,2016 quarter, Fitbit shipped 11% more fitness bands than it did in the year-earlier quarter, upping its share of the market to 23% from 21.4% in the year-earlier period, according to IDC. However, shipments rose just 3% industry wide, marking a stark deceleration from 67% in the first quarter and 26% in the second quarter of 2016. Last month, Fitbit provided a revenue outlook for the holiday quarter between $725 million and $750 million, which was sharply below the $985 million analysts had forecast in a FactSet survey.Analysts have since tempered their expectations, as many VC's and Investors alike now believe that product category has failed to convince consumers that these are must-have products the way, say, smartphones have.




July 31, 2016

smartwatches compared by price tag,screen, size and speed



 
The Samsung Gear S 2 ( known has Samsung de Grisnogono) is among the best smartwatch money can buy and make up the impressive line of the  top 3 most expensive smartwatch from the Samsung Stable with a retail price of $15,000. Next in line is Apple watch 38mm edition packing a screen size of $1.32 inches which retails at a price of $10,000 .The Kairos Hybrid SSW158 forms the mid segment and retails at $2250 price tag with the CPU speed of 120 MHz .The Swiss watch giants first entry into the wearables started with its entry level Tag Heuer Connected, which retails at $1500, with a analog display packing 1024mb of ram with an impressive CPU speed of 1200 Mhz


In the sub $1000 wearables smartwatch market,Mondaine Helvetica No 1 and Movado BOLD Motion 3660001 retails at $865 and $695 .The Huawei watch jewel is one of the smartest buys in the sub $1000 market and packs 512mb of RAM along with a CPU that runs in full throttle at 1200 Mhz

July 26, 2016

32% decline in smartwatches for the first time sends OEM's into panic

" the state of smartwatches sends apple watch into panic"

Smartwatches Shipments this year showsa blip in the wearable devices as it sales decrease by 16% .or the first time, the worldwide smartwatch market saw a year-over-year decline of 32%, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker


However this will remain just a blip on the overall wearables radar as long term shipments of smartwatches are likely to soar to double digits. Also coupled with the fact is that wearble's are sitting on a huge cash pile.  ready to witness a massive adoption. Recent Businessinsider estimates smartwatch shipments will rise by a compound annual rate of 41% over the next five years. Smartwatches will account for 59% of total wearable device shipments this year, and that share will expand to just over 70% of  the $126million shipments by 2019.

February 26, 2016

end of good times for swiss watches, as apple smartwatch is on a roll


In what could be a watershed in the history of wrist watch.. Smartwatches sales have surpasses traditional swiss watches with a sales of 8.1 million in Q4, 2015.. In contrast 7.9 milliom swiss watches were sold during the same period.As compared to Q4,2014, smartwatches have seen unprecedented e growth of 316% , wheras Swiss watches managed to ship a mere 1.9million.


In terms of marketshare ,Apple smartwatch rules this segment with over 63% marketshare and is far ahead of samsung with 16% share .Combined, Apple and Samsung make up 8 out of 10 smartwatches sold . Apple sold 2.6millio smartwatches in q2,2015 while samsung managed to sell 600,000 which means apple sales is 6 times ahead of its nearest rival.Across wearable technology, which icludes smartwatches, fitness trackers , Apple’s 3.6m Watch sales contributes only 0.8m and ranks 2nd behind market leader Fitbit, which sold 4.4m devices in Q2.2015



" global smartwatches  marketshare"

" top 10 nations where swiss watches are exported"

Biggest market for swiss watches

In terms of geographic breakup, Apple watches smartwatches sold the highest in North America with 7.4million units , while Asia Pacific contributed 6.7 million units, followed by western europe with 5.4million units.

contribution of swiss watches by regions and countries

swiss watches contribution by regions





Meanwhile About 1.2 billion watches are produced annually, according to the Federation of the Swiss Watch Industry’s estimates ..At company level, three Swiss watch and luxury groups – Swatch Group, Richemont, and Rolex – are the clear world market leaders. Together the three groups account for an estimated 45% ofglobal swiss  watch sales.
 Rolex leads the market with a share of 13.59% followed nby Omega and IWC, with a marketshare of  9.82 and  7.23%. Rado and Breitling  with 5.6 and 8.08%