People look at Apple watches at an Apple shop in the Central Universal Department Store (TsUm) in Moscow, Russia, July 31, 2015. REUTERS/Maxim Shemetov
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
U.S. watch sales fell the most in seven years in June, one of the first signs that Apple Inc.'s watch is eroding demand for traditional timepieces.Retailers sold $375 million of watches during the month, 11 percent less than in June 2014, according to data from NPD Group. Sales of watches costing between $50 and $999 registered drops in June, the biggest being a 24 percent decline in timepieces from $100 to $149.99, according to NPD's data.The Apple Watch isn't the only cause of the downturn. That would suggest the company may have sold at least 1.9 million watches, assuming the Apple Watch had an average selling price of $499 .
FOLLOW THIS ARTICLE