Smartwatch is Dead, Market Implodes, Apple Watch Shipments Collapse

by Wolf Richter
Wolf Street

The market “experienced a round of growing pains.”

We have pooh-poohed the media love story about Apple Watch and similar devices when they first came out. We were particularly amused by how Apple was able to dominate entire front pages of the fawning financial press when it introduced the watch. At the time, nothing else mattered or happened. That was March 9, 2015. I took some screenshots, showing how great Apple really is in wrapping the media around its cordless Magic Trackpad… Apple Comes Out with a Watch, and Look What Happens:

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