So (estimated) Apple watch sales are still growing, but starting to slow dramatically.
Based on my 3 year trend, Other Products (without the Watch) should have earned $2.528 Billion in Q1 2016.
Instead, they earned $4.351 Billion. So that means the watch had revenues of around $1.822 in the Q1.
Now this is pretty ordinary for Christmas, which you would assume would be a perfect time for some serious watch sales. But it is only a 3% increase from sales in 2015 Q4.
And I think the reason is that consumers have worked out that there is no reason to have a watch, if you have your phone.
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