Wearables Like Apple Watch Outsell Entire Watch Industry
PYMNTS
FEBRUARY 6, 2020
Sales numbers don’t equal profit margins, however. “We We believe Apple Watch is profitable, but not as profitable as some of the super-premium Swiss watchmakers,” Neil Mawston of Strategy Analytics told CNBC. Tag Heuer, for example, has released several smartwatch models, including one that costs $180,000. million units.
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