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Chronicles

The story behind the story

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Through its custom silicon, integrated sensors, design-led focus on user experience, and broad ecosystem, Apple is a decade ahead of rivals in wearables

Last week, Apple quietly unveiled one of the more remarkable pieces of technology that has been developed in the past few years.

Above Avalon Neil Cybart

Context & Ripple Effects

The claim that Apple runs a decade ahead in wearables caps a ten-year argument. Back in 2015, Stratechery flagged Apple's design, retail, and installed base as what positioned it best to own the wrist, and by 2019 the bet was paying out at a $16B annual run rate growing 55%-60%, on pace to pass iPad and Mac.

What this piece adds is the why: custom silicon, integrated sensors, user-experience focus, and ecosystem lock-in compound each other, so the lead widens instead of closing. The Watch's tenth-anniversary retrospective reads as confirmation — the watch industry itself was reorganized around fitness tracking on Apple's terms.

First-order effects

  • Traditional watchmakers and Android wearable vendors are competing against a single company that designs the chip, the sensors, and the software together — the competitive gap Above Avalon documented in 2020 has kept widening rather than narrowing.
  • For Apple, wearables stop being an accessory business: at the growth rates tracked since 2019, the category scales toward becoming a third pillar alongside iPhone services and computing.

Second-order effects

Third-order effects

  • If the pattern holds, wearables become the template for how Apple enters every new hardware category — vertical integration first, market share second — and competitors' strategies shift from matching products to choosing which categories to concede.

The trend: Consumer hardware competition is consolidating around vertically integrated platforms, with Apple's wearables lead showing how custom silicon plus ecosystem compounds into multi-year advantages.

Discussion

  • @neilcybart Neil Cybart on x
    Six years after releasing the Apple Watch, it's still not clear who is going to represent genuine competition for Apple in the wearables space. Apple has a wearables lead of not just a few years but more like a decade. https://www.aboveavalon.com/ ...
  • @scobleizer Scoble on x
    Totally agree and not just on wearables. Experience delivery of all kinds. https://twitter.com/...
  • @greengart Avi Greengart on x
    .@neilcybart understates the ecosystem advantage Apple's wearables lead gives it: to buy an Apple Watch, you need an iPhone, and then you're (usually happily) stuck within Apple's ecosystem indefinitely. In that sense... https://twitter.com/...
  • @greengart Avi Greengart on x
    ...Apple Watch's success presents a long term existential threat to competitors selling mid/high range (read: profitable) phones AND related services. Samsung was competing, but clearly not well enough, ergo was willing to work with Google. But...