Back in August, Xiaomi dethroned Apple as the largest wearable vendor in the world, but it looks like its glory has been short-lived. According to the latest report from Canalys, Apple has regained the lead in the wearable market for the third quarter of 2017.
According to its report, the Cupertino company shipped 3.9 million wearables in Q3 2017, the strongest quarter so far in the year. Xiaomi follows closely in second place, followed by Fitbit, shipping 3.6 million and 3.5 million wearables respectively. While Apple has recorded its largest quarter in 2017, it’s good to note that the overall demand for wearables have declined by 2% to 17.3 million units. Canalys explains that this could be caused by declining demand for basic bands.
Canalyst estimates that Apple shipped 800,000 units of cellular-enabled Apple Watch units in Q3 2017. However, the report says that the latest Apple Watch Series 3 did not reach its full potential in Q3 due to limited availability in major markets.
“In China, customers with high expectations are being driven away by the service distruption fiasco in the country. Besides bringing in more stock, operators should work on improving their remote service provisioning systems to cater for expected higher demand in Q4.” – Canalys Analyst, Jason Low.
Check out Canalys to see the full report.
