Why Investors Shouldn't Be Too Concerned About Recent Reports On Apple Watch Sales

According to widely cited research report by Slice Intelligence, online sales of the Apple Watch plunged by 90% since the opening week. Slice, which bases its research on electronic receipts sent to millions of email addresses following purchases, estimates that Apple has been selling fewer than 20,000 watches a day in the U.S. since the initial surge in April, with sales dipping to as low as 5,000 units on some days in late June. The firm estimated that cumulative U.S. Apple Watch sales stood a...