Roger Fingas
Apple is planning to further improve retail availablity of the Apple Watch ahead of the holiday shopping season, working on the assumption that the device will be a hot gift item, CEO Tim Cook revealed on Tuesday.
Speaking during the company's third quarter results call, Cook said that Apple is preparing to expand channel availability, hinting at an increase in points of sale and/or inventory.
"We're convinced that the Watch is going to be one of the top gifts of the holiday season," Cook said.
Cook noted that the Watch has so far only been available through 680 points of sale. That could leave plenty of room for expansion, particularly if Apple decides to add more third-party retailers to the equation. The Watch is generally only available in online and offline Apple Stores, and a handful of luxury fashion outlets.
The Watch wasn't even available in physical Apple Stores until mid-June, owing to Apple not being able to catch up with demand. Cook noted, however, that June sales eclipsed those in either April or May.
To help keep demand up Apple is already developing watchOS 2, which will add things like third-party complications and a Nightstand mode. By far the most important addition however should be support for native third-party apps, solving the speed complaints from current Watch owners.
Cook declined to offer specific sales numbers for the Watch during the call, only saying that sell through "was higher than comparable sell through periods of original iPhone or original iPad," and exceeded expectations.
Charles Martin
Malcolm Owen
Andrew O'Hara
William Gallagher
8 Comments
The Apple Watch is ripe for expansion to more Apple authorized resellers. I'm confident there are already floods of Chinese knockoffs available. May as well make sure the real thing is available in more places.
The problem is Best Buy, Wal-Mart, and Radio Shack are going to have to have an inventory of all 30 models. Mom-and-pop resellers can't afford that. Even the Sport has 10 different units.
[quote name="konqerror" url="/t/187304/apple-plans-to-increase-watchs-retail-availability-in-anticipation-of-major-holiday-demand#post_2750883"]The problem is Best Buy, Wal-Mart, and Radio Shack are going to have to have an inventory of all 30 models. Mom-and-pop resellers can't afford that. Even the Sport has 10 different units. [/quote] Didn't Radio Shack go bankrupt?
Didn't Radio Shack go bankrupt?
Bankruptcy doesn't mean they closed. They were taken over by a lender that cut a deal with Sprint. There's 1,700 stores still open.
Bankruptcy doesn't mean they closed. They were taken over by a lender that cut a deal with Sprint. There's 1,700 stores still open.
There is Chapter 11 Bankruptcy and Chapter 7 Bankruptcy. Chapter 7 is a liquidation -- meaning going out of business. Chapter 11 means the company continues to exist and pays of a percentage of debts to their creditors. Chapter 13 is similar to Chapter 11 but is used by individual people (families?), not corporations.