
Apple Watch Shipments Plunge by Almost 20% in 2024 – What's Going Wrong?
2025-05-07
Author: Jacques
Apple Watch Struggles: A Worrying Trend
The latest news for Apple's smartwatch line is less than encouraging. According to a new report from Counterpoint, Apple Watch shipments have plummeted by nearly 20% year-over-year in 2024, following a 10% decline in 2023. This sharp decrease raises serious concerns about the future of the Apple Watch.
What's Behind the Decline?
So, what’s causing this downturn? Unlike competitors such as Huawei and Xiaomi, which saw growth during the same timeframe, Apple faces unique challenges. Key problems include minimal upgrades in their latest models and waning interest in the new Apple Watch 10, priced at $399. North American consumers are becoming increasingly price-sensitive, leaving Apple in a tough spot.
A Rocky 2025 Ahead?
Looking ahead to 2025, there's uncertainty looming over Apple. Potential price hikes, availability issues, and manufacturing challenges linked to ongoing tariffs could further complicate matters. People are eager to know how these factors will unfold, especially with CNET’s tariff tracker closely monitoring the situation.
Bright Spots in the Smartwatch Market
Interestingly, not all news is bleak for smartwatches. India stands out as a bright spot where Apple Watch shipments have shown growth. Additionally, the market for children's smartwatches is thriving, marking the only segment of the 2024 smartwatch industry to experience global growth. Could this be the future Apple needs to consider?
A Call for Change?
To reverse the trend of declining shipments, Counterpoint advises Apple to prioritize new releases in their Watch SE and Watch Ultra lines and implement substantial design upgrades. With fresh innovation, Apple could reignite interest among consumers and restore growth in their smartwatch sales.
Final Thoughts
As Apple grapples with these challenges, the spotlight is on them to adapt and innovate. Will they heed the call for change, or will they risk falling further behind in a competitive market?