- Research firm Canalys said the Apple Watch (NASDAQ:AAPL) experienced its best quarter yet in the final three months of 2016, with 6M smartwatches shipped, bringing the annual total to an estimated 11.9M.
- This reflected year-on-year quarterly growth of 12%, despite the company experiencing supply problems.
- Canalys also estimated the smartwatches made around $2.6B for Apple, accounting for 80% of all smartwatch revenues worldwide.