📺 Stream EntrepreneurTV for Free 📺

At One Year Old Is Apple's Watch a Flop? Not Exactly. Apple sold twice as many first-year watches as first-year iPhones.

By Hilary Brueck

entrepreneur daily

This story originally appeared on Fortune Magazine

Justin Sullivan | Getty Images

The Apple Watch celebrated its very first birthday Sunday.

And for many tech critics, the anniversary wasn't exactly cause for cheer; the smartwatch was widely criticized for its often frustratingly slow speeds and unoriginal features. The debut model, many have said, is a flop.

It isn't a "breakthrough product," the critics moan, and people just aren't wearing it. Some birthday present.

But despite all the grumbling, the watch's first-year sales were actually better than the company's first-year iPhone sales. Apple Watch sales, at an estimated 12 million in their first year, according to the The Wall Street Journal, were double the first-year iPhone sales, at 6 million.

Of course, compare those 12 million Apple Watches with the more than 200 million iPhones sold in 2015 and the boast suddenly seems less impressive. But then again, the iPhone has had nine years to develop its loyal fan base and up processing speeds on its phone.

With the company slated to announce its first-quarter earnings Tuesday, many are predicting a slow, underwhelming report for Apple's first quarter of 2016, as iPhone sales plateaued. And it also remains to be seen how well the new smaller-style iPhone 7 will do for the company when it is released later this year.

Meanwhile, a new second-generation Apple Watch isn't forecast to be released until next year, with only internal upgrades expected for the wearable in 2016. Looks like the world's leading smartwatch might need to celebrate a few more birthdays to really get up to speed.

Hilary Brueck has been a contributing writer to Fortune since 2015.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Franchise

Franchising Is Not For Everyone. Explore These Lucrative Alternatives to Expand Your Business.

Not every business can be franchised, nor should it. While franchising can be the right growth vehicle for someone with an established brand and proven concept that's ripe for growth, there are other options available for business owners.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Passengers Are Now Entitled to a Full Cash Refund for Canceled Flights, 'Significant' Delays

The U.S. Department of Transportation announced new rules for commercial passengers on Wednesday.

Leadership

Why Companies Should Prioritize Emotional Intelligence Training Alongside AI Implementation

Emotional intelligence is just as important as artificial intelligence, and we need it now more than ever.

Business News

Elon Musk Tells Investors Cheaper Tesla Electric Cars Should Arrive Ahead of Schedule

On an earnings call, Musk told shareholders that Tesla could start producing new, affordable electric cars earlier than expected.