Apple Watch Outsold Entire Swiss Watch Industry in Q4

According to industry researcher Canalys and IDC, Apple outsold the entire Swiss watch industry combined last quarter. The tech giant is estimated to have sold 8 million Apple Watches based on a publicly released shipment statistic from the Federation of the Swiss Watch Industry. While Apple has been manufacturing watches for only four years, the Swiss industry, which includes Rolex and Omega, has been in operation for centuries. Arguably, certain timepieces are luxury assets purchased at high p...