Apple's share of worldwide smartwatch market last year was nearly 50%

Apple claimed nearly 50% share (49% to be precise) of the worldwide smartwatch market last year, according to a new report from research firm Canalys. Fitbit and Samsung came in at second and third position with 17% and 15%.

Talking about the last quarter, the report notes that Q4 2016 was the best quarter for the Apple Watch so far - of the total 9 million smartwatches that were shipped in the quarter, shipments figure for the Apple Watch stood at 6 million (an year-on-year growth of 12%).

"Apple Watch generated more than US$2.6 billion in revenue for Apple in Q4 2016, making up nearly 80% of total smartwatch revenue," the report said. In total, the Cupertino-based company shipped a total of 11.9 million Watch units last year.

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