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

ByHilary Brueck

This story originally appeared onFortune 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 justaren't wearingit. 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 theThe Wall Street Journal, were double the first-year iPhone sales, at 6 million.

Of course, compare those 12 million Apple Watches with themore than 200 millioniPhones 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, asiPhone 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.

Wavy Line
Hilary Brueck has been a contributing writer toFortunesince 2015.

Editor's Pick

Related Topics

Business News

McDonald's Is Launching a Spinoff Restaurant Chain Based on a Beloved, Blast-From-the-Past Mascot

The company saw a lot of success with another former mascot, Grimace, in June.

Business News

An 81-Year-Old Florida CEO Just Indicted for a $250 Million Ponzi Scheme Ran a Sprawling Senior Citizen Crime Ring

卡尔·鲁德尔曼是第五高级公民Miami-Fort-Lauderdale-Palm Beach metropolitan area to face charges in connection with the scam.

Business News

Body of Missing 27-Year-Old Goldman Sachs Banker Found in Nearby Body of Water

John Castic, a 27-year-old Goldman Sachs employee, went missing around 2:30 a.m. on Saturday after attending a concert at the Brooklyn Mirage in East Williamsburg.

Money & Finance

Want to Become a Millionaire? Follow Warren Buffett's 4 Rules.

企业家是count狗万官方i太多了ng too heavily on a company exit for their eventual 'win.' Do this instead.

Business Culture

The Newest Workplace Trend Has HR Sounding The Alarm

HR departments are still figuring out how to handle "quiet quitting," but a new trend is taking over.

Business News

Taco Bell Slammed With Lawsuit Over 'Especially Concerning' Advertisements, Allegedly Deceiving Customers

The class action lawsuit claims the chain is advertising more than they deliver.