Menu
Despite Apple Watch, Fitbit is still in the race

Despite Apple Watch, Fitbit is still in the race

Fitbit's fitness trackers may have outsold the Apple Watch in May, according to a research firm

The new Fitbit fitness trackers

The new Fitbit fitness trackers

Fitbit appears to be holding its own against the Apple Watch and may have even outsold the device in the US in May, according to estimates from one market researcher.

Slice Intelligence estimated this week that Fitbit sold 850,000 fitness trackers in May, while Apple sold 777,000 watches. Slice came up with the figures using data from the email receipts of 2.5 million online shoppers who agreed to share data with the company.

The Apple Watch has many of the functions in Fitbit's products, leading to speculation that sales of dedicated fitness trackers would plummet after the watch launched. So far, that doesn't seem to be the case, according to Slice, which found only 4.8 percent of Fitbit buyers also purchased an Apple Watch.

Fitbit's financial prospects have set investors' hearts aflutter since the company went public last month. On Fitbit's first day of trading, its stock opened at $30.40, 52 percent higher than the price Fitbit set for its debut. On Wednesday, its shares were trading at around US$40, buoyed by an investment firm's report that said wearables are seeing mainstream adoption.

As of this March, Fitbit had sold more than 20.8 million devices, according to a regulatory filing it submitted to the U.S. Securities and Exchange Commission.

Apple doesn't release sales figures for its smartwatch, saying the information could give rivals an advantage. Instead, Apple Watch revenue will be lumped into the "other products" category in its earnings report, which also includes Apple TV, iPods, headphones, speakers and other accessories.

Since the watch launched in April, estimates on how many Apple has sold have varied greatly. Slice estimates that through June 14, Apple ha sold 2.79 million watches in the U.S., with the bulk of those in April, a Slice official said via email.

For the first full year, analysts have estimated Apple will sell from 10 million to 45 million watches.

Fred O'Connor writes about IT careers and health IT for The IDG News Service. Follow Fred on Twitter at @fredjoconnor. Fred's e-mail address is fred_o'connor@idg.com

Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags consumer electronicsFitbit

Slideshows

Top 50 defining moments of the New Zealand channel in 2016

Top 50 defining moments of the New Zealand channel in 2016

Reseller News looks back on a tumultuous 12 months for the New Zealand channel, assessing the fallout from a year of sizeable industry change. Whether it be local or global mergers and acquisitions, distribution deals or job changes, the channel that started the year differs somewhat to the one set to finish it - Reseller News assesses the key moments that made 2016.​

Top 50 defining moments of the New Zealand channel in 2016
​Hewlett Packard Enterprise honours high achieving NZ channel

​Hewlett Packard Enterprise honours high achieving NZ channel

Hewlett Packard Enterprise honoured its top performing Kiwi partners at the second running of its HPE Partner Awards in New Zealand, held at a glitzy ceremony in Auckland. Recognising excellence across eight categories - from distributors to resellers - the tech giant celebrated its first year as a standalone company, following its official split from HP in 2015.

​Hewlett Packard Enterprise honours high achieving NZ channel
Nutanix treats channel partners to Christmas cruise

Nutanix treats channel partners to Christmas cruise

Nutanix recently took to the seas for a Christmas Cruise around Sydney Harbour with its Australia and New Zealand staff, customers and partners to celebrate a stellar year for the vendor. With the sun out, they were all smiles and mingled over drinks and food.

Nutanix treats channel partners to Christmas cruise
Show Comments