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Pebble and Fitbit top selling wearables for Q1

Written by Andre Yoskowitz (Google+) @ 26 May 2014 0:01

Pebble and Fitbit top selling wearables for Q1 The wearables market, quickly growing with new products seemingly launching daily from different OEMs, seems to have a few clear winners.
For the Q1 2014, research firm Canalys says Fitbit led the way with about 50 percent of overall shipments, while Pebble (with its new Steel), was a leader for smartwatches.

During the quarter, startup Pebble jumped to 35 percent, followed by Sony at 29 percent and Samsung at 23 percent. The rest of the market took just 13 percent share.

'Pebble Technology launched the Pebble Steel and the Pebble appstore and grew at a healthy rate during Q1, managing to achieve smart band market leadership for the quarter with a 35% share of worldwide shipments, ahead of both Sony and Samsung,' said Chris Jones, VP and Principal Analyst. 'Canalys' quarterly estimates showed that total smart band shipments fell short of half a million units. This is largely because Samsung's shipments were down dramatically quarter on quarter as it had strong sell-in for Q4 and then cleared inventory in preparation for its Gear product refresh in early Q2. The company must make some big steps to improve sell-through and customer satisfaction with its new products.'


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