[diminish]

1. Maturing smartphone market.

4.No other growth drivers in sight after the failure of apple watch to become huge.

[catach]

I think it would be highly surprising if anyone invented a new product category at the scale of smartphones any time in the next few decades.

[threeseed]

> No other growth drivers in sight after the failure of iwatch to become huge

Apple Watch is the number one smart watch.

It sold 8 millions unit last quarter (a rise of 10.3%) and represents about half of all smart watch sales. You would have to be deluded to think that it isn't anything other than a huge success.

[diminish]

Apple watch is successful in smart watch market. Smart watch market seems not to be a billions-unit market. That's what I mean.

[mcphage]

> Smart watch market seems not to be a billions-unit market.

How many billions unit markets are there out there?

[djrogers]

One. There is one, and Apple makes almost all of the money in that market.

[mcphage]

Two—don't forget about ballpoint pens.