China buys 1/5 of Apple Watch in the world
Even the leading electronics manufacturers in China are local company, Apple has enjoyed huge success in the country, especially considering its economic situation. According to RedTech 1/5 of the sales of Apple Watch in the world are made in China. Even more interesting is that about one third of them are from black market and not from authorized distributors or stores of the company. Despite the good results, the smartwatch promotes relatively slowly even in China amid the iPhone 6, for example.
According to unofficial data, the company sold about 2.8 million watches in the world, which secures 19% of the market for wearable devices for about three months. The results, although good against the industry are much lower than the expectations of Apple, which makes the company to don’t share official results in the financial statements.