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Pebble Sold 400,000 Smartwatches in 2013

pebble-smartwatch

 

Let’s all offer a big congratulations to the guys at Pebble. They sold 400,000 watches in all of 2013, boiling down to about 1100 per day if my math is right (400,000/365). For a company that started through a Kickstarter campaign, that’s a big accomplishment. Their total revenue was about $60 million, based off the $150 price of the original Pebble.

Of course, with Android Wear on the horizon, you’d think that their revenue will drop. But Pebble CEO Eric Migicovsky isn’t worried about that and analysts say that Pebble’s revenue could possibly double in 2014.

“When we started working on wearables six years ago, there were few players in the space and a lot of skeptics,” says Pebble CEO Eric Migicovsky of Google’s news. “It’s exciting to see this market grow so quickly — enabling more interesting use cases and keeping all of us laser-focused on creating the very best user experiences we can.”

Even with all this optimism Migicovsky and analysts have, it will be interesting to see how they will further advance the Pebble in order for it to keep up with Android Wear. But for now, they’re still the major smartwatch manufacturer. After all, the Moto 360 and LG G Watch won’t be coming until at least the summer.

Source: Fortune via Smartwatchfans

13 Comments

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  1. Oh yeah. The customization on that is just amazing. Plus they have actually put effort in making it look good. 🙂

  2. That is one awesome piece of technology. I’m waiting for it to hit the stores. Even if it doesn’t come to India, I’ll ask my friends in the US to send one for me. I’m just in love with that device.

  3. I don’t have a bigger picture of how wearables are selling right now but I think 400K is already an achievement by itself, especially that people are still warming to the idea of smartwatches.

  4. Wow. I can’t believe Pebble alone has sold almost half a million smartwatches! I am one that doesn’t really have a need for a smartwatch; I never would have thought half a million people would disagree with me!

  5. Pebble was one of the very first and few companies to start the whole smartwatch market. And if my knowledge is correct, Pebble was the first company to come up with a smartwatch.

  6. Okay, I think my knowledge of tech is poor. Till few weeks back I did not know that there was any OEM other than Samsung which made smart watches.

  7. Wow! That’s awesome. Good going Pebble. Probably this is the reason there are so many smartwatch manufacturers in the market today.

  8. I can see this being the new gadget that everyone needs to have. Good for Pebble with their success on selling 400,000 watches last year. $150 is not bad for technology you wear on your wrist. I know some people who pay more for that for their watches.

  9. How cool is that! A kickstart company doing so well their first year. I would love one of these watches. It is cool that Android will be selling these too. I hope Pebble succeeds once they enter the market.

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