Apple Watch Tanks, Garmin Surges In Smartwatches …
The Apple Watch held on to the lead in the smartwatch market in the third quarter, but its shipments tumbled. Meanwhile, Garmin (GRMN) jumped from fifth place to No. 2 in smartwatch market share, research firm IDC reported Monday.
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Apple (AAPL) shipped 1.1 million smartwatches in the September quarter, down 72% from the 3.9 million it shipped in Q3 2015.
It still took first place in the market with a 41.3% share, but that was down from 70.2% a year earlier, IDC said.
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