Apple Watch Nips at Fitbit's Heels

Despite disparaging sales reports, the Apple Watch is closing in on market leader Fitbit, according to an IDC report released Thursday. During the second quarter, Apple shipped 3.6 million watches — 800,000 units behind Fitbit’s shipments for the period. Shipments for all wearables during the quarter increased 223 percent from the same period a year ago, IDC reported, to 18.1 million units from 5.6 million. Although the wearable market is still young, it appears to be splitting into smart wearables and basic wearables.

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