Apple AirPods Leads Wearables Growth in Q4: IDC
According to one report from market research firm IDC, Apple (NASDAQ: AAPL) continued to lead the global wearables segment with a share of 36.5%. The company reportedly drove sales with a refreshed line up of AirPods including the AirPods Pro, shipping a total 43.4 million wearable units in the fourth quarter of 2019.
This 119.9% year over year shipment growth was offset by a lackluster performance of the Apple Watch, which experienced a 5.2% decline in Q4. Earwear was the fastest-growing wearable globally, as shipments in this vertical were up 250.5% while watches experienced a growth of 22.7% in 2019.
Investors need to remember that Apple does not report shipment figures for any of its products and these estimates may be way off compared to the exact number.
Source Fool.com