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When Apple launched its Watch back in April, the world stood still waiting to see just how huge the sales of Apple's first wearable would be. Well, while they might have started off with around 1.5 million Watch units sold, at an average of around 200,000 per day, those numbers have dropped, considerably.
According to Slice, Apple Watch sales have completely bottomed out to less than 10,000 per day, reports MarketWatch. More than two-thirds of the Apple Watch units have been the cheaper "Sport" version of Apple Watch, which has a starting price of $349. The more advanced models start at $549, but the sales numbers on those are much lower. In the United States, just 2,000 of the $10,000+ "Gold Edition" Watch have been sold.
What does this mean for the Watch? Well, it means that Apple didn't quite revolutionize the smartwatch market like it thought it would, and that Apple fans have swooped in, either purchased or looked at the Watch and decided against it. Either way, it doesn't bode well for the future of Apple Watch.
The first iteration of Google Glass was good, but not great, and while we've known for a while that Google is working on a second version of its ambitious wearable, the first real news on the new Glass is here.
Droid Life has found a submission to the FCC that shows that Google looks to be working on a new version of Glass, with the only information on Glass 2.0 shared is that the FCC ID is 'A4R-GG1' and that it supports various Wi-Fi bands and Bluetooth. The documents also show that Google is using the 2014 E-Label act, which means it can hide the FCC labels away instead of plastering them on the device itself.
With smartwatches becoming more common, LG has just unveiled its latest battery from its battery arm, LG Chem. The company has started shipping hexagonal-shaped batteries that promise 25% more capacity than circular batteries.
These new batteries will provide an additional four hours average use, without having smartwatch owners having to go into low-power mode, or the smartwatch completely running out of juice. LG has said that it's working on more unusually-shaped batteries, something that will continue to add more battery life into the wearables.
The Apple Watch brought attention to the smartwatch and wearables market, but it looks like initial demand for the watch is dying down.
If you're thinking about purchasing an Apple Watch, you'll be happy to know there are plenty of them available to choose from. Even though some estimate 13 million to 20 million units have sold, the hyped Apple wearable isn't seen as a necessity.
"The initial demand for the Apple Watch looks lackluster," said Brian Blair, managing director at Rosenblatt Securities, in a statement on CNBC's "Power Lunch." "It's not clear what the killer app is. It's nice to get notifications, but it's a nonessential product."
The wearables market is growing, and while analysts can't agree on what the future holds for the evolving market, Intel isn't going to sit on the sidelines and wait it out. Intel recently announced it purchased Recon Instruments, a company known for creating connected eyewear for athletes.
"Going forward, we'll continue leading the smart eyewear category for sports, and we'll be able to bring our technology and innovation to completely new markets and use cases where activity-specific information, delivered instantly, can change the game," said Dan Eisenhardt, co-founder of Recon, in a blog post.
So far in 2015, Intel introduced the Curie hardware model, a new system-on-chip (SoC) designed for wearable products, while also announcing a partnership with Oakley. The company didn't stop there, as Intel will also work with Google and TAG Heuer in the smartwatch market.
If you want to pre-order the Pebble Time smartwatch, you can get it at Best Buy for $199.99. The Best Buy online store has the device, supported by most Apple iOS and Google Android devices, available in three different colors: white, black, and red.
Pebble didn't disclose an official launch date, but the Best Buy website says consumers will begin receiving the products on July 20. Those who contributed to the Pebble Time Kickstarter effort already received their watches, and Pebble is ready to expand sales to anyone interested.
"We're seeing pretty strong demand. We're just focused on making awesome products and getting them into people's hands and on their wrists," said Eric Migicovsky, CEO of Pebble, in a statement published by CNBC. Pebble remains committed to its "grassroots" strategy in regards to marketing, as the company matures.
There are plenty of smartwatches, fitness bands and other wearables that we can choose from, though it looks like manufacturers are still fighting to get casual consumers to spend.
There are a few different barriers that must be addressed, such as the following: lack of persuasive uses, no killer apps, limited functionality, and style, according to a recent Business Insider Intelligence consumer survey.
When asked why they don't have interest in a smartwatch, 51 percent of those surveyed said they simply don't see the point of owning one. Perhaps providing a killer app could help woo new users, and that would essentially kill two birds with one stone.
Huawei has been forced to delay the launch its debut smartwatch, caused by an unknown problem in China. The smartwatch, powered by Google Android Wear, will be released in the United States and Europe sometime during Q3 - and suspected issues stem from Google services used in China.
"We're experiencing some problems with Google's Android Wear [the watch's operating system] in China," Yang said, in a statement published by the Wall Street Journal. "It's a new product."
It looks like Huawei will leave the hardware specifications alone for the watch: 1.4-inch AMOLED (400x400) display, 1.2GHz Qualcomm processor, 512MB RAM, and 4GB of storage capacity. The watch is just 11.3mm thick and is powered by a 300 mAh battery.
It looks like Apple is planning some big upgrades to the Apple Watch 2, with 9to5Mac reporting that the next iteration of Apple's wearable to feature some big improvements.
Apple Watch 2 should feature a FaceTime camera, which will allow you to make video calls directly from Watch 2. One thing that keeps the Watch from really excelling is its constant reliance on the iPhone, something that Watch 2 will hopefully solve. Apple is working on something it's supposedly calling internally "tether-less" that would see Watch 2 having more functionality when not connected to your iPhone.
Battery life is also reportedly set to be improved on Watch 2, where Apple should be able to make the wearable faster, better, and either have similar, if not improved battery life when compared to the current Apple Watch. The last rumor is that there will be a few different models between $1000 and $10,000 - with Apple set to possibly introduce Watch 2 variants based on titanium, tungsten, palladium, or platinum. Prepare your credit cards, people.
The Apple Watch has created a new revenue stream for Apple, and there is something else the company is able to sell along with the wearable: extra watch bands. Almost 20 percent of Apple Watch customers are purchasing at least one extra watch band, according to data Reuters has received from Slice Intelligence.
Apple hasn't issued a statement regarding the number of smartwatch units sold, but Slice believes around 2.79 million units have been sold. However, the entry-level sports band costs just $2.05 to make and sells for $49 - so there is plenty of extra room for Apple to cash in.
The Black Sport Band, Milanese Loop and White Sport Band appear to be the top three favorite extra bands that consumers are picking up. The Milanese Loop is $149, so consumers are seeking an added bit of luxury with their Apple Watch.