Apple AirPods Leads Wearables Growth in Q4: IDC

According to one report from market research firm IDC, Apple (NASDAQ: AAPL) continued to lead the global wearables segment with a share of 36.5%. The company reportedly drove sales with a refreshed line up of AirPods including the AirPods Pro, shipping a total 43.4 million wearable units in the fourth quarter of 2019.

This 119.9% year over year shipment growth was offset by a lackluster performance of the Apple Watch, which experienced a 5.2% decline in Q4. Earwear was the fastest-growing wearable globally, as shipments in this vertical were up 250.5% while watches experienced a growth of 22.7% in 2019.

Investors need to remember that Apple does not report shipment figures for any of its products and these estimates may be way off compared to the exact number.

Continue reading


Source Fool.com