Market Overview

Apple Watch Coming To 7 New Countries, And The Apple Store

Apple Watch Coming To 7 New Countries, And The Apple Store
Related AAPL
Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week
Trade Fears Still Stalking Street As China Announces Potential Retaliation
Dow Jones Down, Beats Nasdaq As Aerospace Stocks Rally; How To Trade Apple Now (Investor's Business Daily)

According to a new press release by Apple Inc. (NASDAQ: AAPL), the Apple Watch is coming soon to seven new countries.

Apple announced that citizens of Italy, Mexico, Singapore, South Korea, Switzerland and Taiwan will be able to order the watch from the Apple Online Store starting on June 26.

The Apple Watch has only been available thus far in nine countries: the U.S., Australia, Canada, China, France, Germany, Japan, Hong Kong and the UK.

Early Positive Returns

Apple senior vice president of operations Jeff Williams praised the Apple Watch’s early success in the market.

“The response to Apple Watch has surpassed our expectations in every way, and we are thrilled to bring it to more customers around the world,” Williams said.

He also added an apology to Apple customers who have been waiting for orders to be filled and assured them that Apple is working through its order backlog. Most orders placed through the end of May will ship within two weeks.

Related Link: Apple Watch Will Be The 'Most Addictive Device Ever Created,' Chowdhry Says

Coming To A Store Near You?

Up to this point, Apple Watches have only been available for purchase via the Apple Online Store, but the company also announced that in two week’s time they will become available in Apple retail stores for the first time. Apple specifically mentioned that they will only be selling “some models” of the watch in stores for now.

Market Not Impressed

Despite the generally positive reception for the Apple Watch, Apple’s stock has lagged the market since the watch launched on April 24.

Since that date, shares of Apple are down about 0.6 percent, while the S&P 500 is down about 0.2 percent.

Posted-In: Apple WatchNews Global Top Stories Tech Best of Benzinga


Related Articles (AAPL)

View Comments and Join the Discussion!