IDC: Apple, Inc. Sold 2.7 Million Watches in Q3

Market researcher IDC is out with its latest estimates for the wearables market in the third quarter, and the overall market posted 7% growth in worldwide unit volumes. There were a total of 26.3 million units shipped in the third quarter, up from 24.5 million a year ago. The wearables market continues its ongoing shift away from basic wearables and toward smart wearables (IDC's distinction depends on whether or not the device can run third-party apps).

Xiaomi and Fitbit (NYSE: FIT) tied for first, while Apple (NASDAQ: AAPL) was No. 3. Huawei, which previously did not rank within the top five vendors, saw unit shipments soar to 1.6 million, good enough for No. 4. Here are the top five vendors, according to IDC.

Vendor

Continue reading

Source: Fool.com