Apple sold more than half of the world's 'high-level' smartwatches in Q3 2022

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Apple sold more than half of the world's 'high-level' smartwatches in Q3 2022
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Apple's incredible smartwatch market supremacy is clearer than ever in the latest quarterly report published by Counterpoint Research.

are nowhere near as successful as its silver medalist manufacturer would need to actually challenge the heavyweight champion of the world, but Samsung is impressively expanding its own lead over surprise bronze medalist Amazfit, fourth-placer Huawei, and final top five finisher Garmin.

Yes, total smartwatch shipments are up by an incredible 30 percent year-over-year, and India just so happens to be the biggest market of them all for the first time in history, overtaking the US. As you can imagine, that poses quite a challenge to the likes of Samsung and Garmin, which are not extremely popular around those parts.

But Garmin, for instance, can certainly rest assured knowing its"flat" shipment numbers are offset by the highest ASP in the entire industry. Yes, that's even higher than Apple's, at"about" $365, which obviously guarantees some very chunky profit margins on each and every smartwatch sold around the globe.

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