According to a report from IDC, the worldwide shipments of wearable devices are expected to reach up to 110 mn by the end of 2016, while Apple will continue to be the leader of smartwatch segment.
Apple is also expected to showcase the second generation of its Apple Watch at company’s annual developer conference in May.
Some rumors claim that the new version Apple Watch will feature cellular connectivity which will allow users to use mobile data without carrying the iPhone with them.
The Apple Watch is also expected to come with a faster processor compared to the one used in the recent variant, reports Wall Street Journal.
This could be Apple’s move to compete with other Android based smartwatches that offer cellular connectivity. The Apple Watch successor was rumoured to sport a 20 to 40 percent thinner body than the current version.
It will run on company’s latest watchOS 2.2, includes support for pairing multiple watches to a single iPhone and will also contain enhancements to the Maps application.
Maps now supports the Nearby feature first introduced with iOS 9, allowing users to quickly locate local points of interest, and it has new buttons for quickly accessing directions to home and work.
The watchOS 2.2 also brings under-the-hood performance improvements and bug fixes to address issues that have been discovered since the release of watchOS 2.1.
Apple on Tuesday also announced revenue drop for the first time since 2003 as the tech giant released earning reports for the second quarter of the fiscal year 2016 that ended on March 26.
iPhone unit sales fell nearly 16 percent from 61.2 million units last year to 51.19 million this year. Unit sales of the iPad declined almost 19 percent, from 12.60 million units to 10.25 million units.