Xiaomi pips Apple to Claim #2 Wearables Vendor Position

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According to the most recent stats for the first quarter of 2016, Xiaomi has one-upped Apple to claim the #2 position in the Wearables market having sold 3.7 million units of its Mi Band line of activity trackers this claiming 19% of the market. Fitbit retains its #1 position in the market with 4.8 million units of its wearables in the first quarter, leaving Apple and Garmin at #3 and #4 respectively with 1.5 and 0.9 million units sold. Samsung and BBK share the #5 position with 0.7 million units sold. 

Despite finding itself at #3, Apple is in a healthy position as it reigns supreme as not just the #1 smartwatch maker, it also makes the most profits in the wearables market.