Apple Stock News: Apple Leader Of The IoT Market

Apple Stock News

For the latest Apple Stock News, AAPL closed at $148.96 on Friday, May 5, 2017. It had a gain of 1.66% from its previous close of $146,76 per share.

Apple Stock News

IoT or Internet of Things, is the name given to the phenomena that has invaded the market. Among the different segments and products, a big part of the market concerns the “wearables”. And according to a recent study done by the the research firm Strategy Analytics, Apple is the leader of this market.

In its latest report, Apple didn’t give precise figures about the sales of its Apple iWatch. However, Strategy Analytics stated that Apple sold around 3.5 million units while Xiaomi recorded sales approximately 3.4 million units. Last year, Fitbit was the leader of the market with 2.9 million units sold.

In conclusion, the sales of Apple increased. It has achieved its market objectives. Part of the increase in sales is due to Apple decreasing its prices regarding the iWatch and the connected bracelets. They heavily invested in marketing with one result: success.

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