Apple Watch Sold 6.8 Million Units in Q3 2022, Hitting 51% YoY Growth

Apple sold 6.8 million Apple tree Watch units in the third quarter of 2022, as per a new report by Strategy Analytics. This is more than the combined number of smartwatches and wearables that Fitbit and Samsung sold, which is iii.5 million. All other vendors had combined shipments of 3.9 one thousand thousand. Apple tree's year-over-twelvemonth shipments increased past 51%, while Samsung and Fitbit increased their shipments by 73% and 7% respectively.

Apple likewise achieved 47.9% global market share for smartwatches in Q3 2022, compared to Fitbit's xi.iii% and Samsung's thirteen.four%. Fitbit, which was recently acquired past Google, lost 3.7% market share compared to last year. All other manufacturers, which include the likes of Garmin, Huawei and Xiaomi, had a marketplace share of 27.5%, which is ane.5% less compared to last yr.

As per Strategy Analytics:

Apple tree shipped 6.8 million smartwatches worldwide in Q3 2022, rising an above-average 51 percent from 4.5 1000000 in Q3 2022. ‌Apple Watch‌ remains a long way ahead of the chasing pack and its global smartwatch marketshare has grown from 45 pct to 48 percent in the past yr. ‌Apple Watch‌ continues to fend off strong competition from hungry rivals like Fitbit and Samsung. ‌Apple Watch‌ owns half the worldwide smartwatch market place and remains the clear industry leader.

Apple Watch Sales

Every bit per these numbers, Apple Watch is growing in both sales and revenue. Apple Spotter Series 5 started aircraft on September twenty, and so these numbers don't include much of the sales data for the new update. It'll be interesting to see how it impacts Q4 2022 numbers.

Interestingly, Apple Watch is giving tough competition to other Apple products too. Every bit per analyst Horace Dediu, Apple Watch revenue has overtaken meridian iPod revenue.

The Watch has overtaken peak iPod. Question is when will AirPods do the same. flick.twitter.com/jNGN3rGg0l

— Horace Dediu (@asymco) November five, 2022

Apple'due south wearables revenue, which includes Apple Scout, AirPods, Beats headphones, HomePod, Apple Goggle box and accessories, is as well gear up to overtake the Mac line-up. Services revenue is already twice that of Mac, which should not exist a surprise as Apple has been launching more services.

Wearables overtook the iPad and are near to overtake the Mac in revenues. Services now well-nigh double the Mac. pic.twitter.com/C66OmAVsQE

— Horace Dediu (@asymco) Nov v, 2022

These reports and numbers ostend that Apple Watch continues to abound, despite tough competition from other manufacturers, who are selling their smartwatches at lower costs and a wider variety of models. Some are even shamelessly copying Apple tree Picket'south pattern. It is of import to note that smartwatches by other manufacturers work with both iPhone and Android, while Apple Watch is but compatible with the iPhone. This gives Apple a smaller audience compared to competitors, yet it continues to lead the market.