Apple Watch sales growth is “off the charts” this holiday season, according to Apple CEO Tim Cook.
“During the first week of holiday shopping, our sell-through of Apple Watch was greater than any week in the product’s history. And as we expected, we’re on track for the best quarter ever for Apple Watch,” Cook told Reuters in an email.
Cook stopped short of actually revealing any sales figures for the Watch, which was upgraded to “Series 2” in September, alongside a new Nike-branded, sports-centric variant.
This is not surprising: The company has never revealed any sales data for the Watch, bundling it with the “other products” category in its earnings reports. There have been quite a few attempts to extrapolate what this means in numbers, but the truth is that any of those attempts could be a few million units wrong either way. Read more…
More about Sales, Apple, Tim Cook, Apple Watch, and Business
Before anyone could even help themselves to the cold Thanksgiving leftovers, U.S. shoppers had spent a whopping $1 billion online.
The turkey was less interesting than drones this year and people across the country dropped cash like it was going out of fashion. By 5 p.m. on Thursday, bargain hunters had spent $1.15 billion, according to Adobe Digital Insights. By the end of Thursday, that figure had hit $1.93 billion.
Once upon a time shoppers would patiently wait for the chaos of Black Friday to score a bargain but times are changing. Black Friday now lasts for months and shopping online between Thanksgiving courses is now common practice. This year’s online sales were up by 11.5 percent on last year, with 40 percent of sales happening on mobile devices. Read more…
More about Sales, Amazon, Shopping, Black Friday, and Thanksgiving