CNBC: New Apple watch could take bite out of Swiss market

Published: 13 September 2018

Source: CNBC

CCS Insight was mentioned in this article about the Apple Watch.

Apple has rapidly gained share in the watch market, with connected technology research firm CCS Insight estimating that the tech giant will come close this year to matching worldwide sales of Swiss-made watches, which had shipments of 24 million units in 2017.

Exports of Swiss watches in the entry-price segment -- a retail price of up to around $500 -- have steadily declined over the past years, with competition from smartwatches one of the factors responsible.

Read the full article here.