According to Apple (AAPL),  the sales of Apple Watch have exceeded the first year sales of iPhones during their first year after the product launch. The company spokesmen said that they are very optimistic about the smartwatch and its development. Company made their remarks in the conference calls with financial markets at the end of April.

Apple also marked the new colors and styles of the Watches and said that 94 percent of the smartwatch users are very satisfied with the product itself.

The second quarter (ended March 26)  of Apple was the first time when the company noticed the overall smartphone stagnation globally. The CEO Tim Cook pointed out, that they have seen many swifters from another platforms and that they believe the markets to show more growth again. The company said it will also stay active in the capital markets in M&A  with products/services that can enhance their own offering.

Apple Services, like Apple Music and Apple Pay, showed rapid growth during the quarter and the company said that the growth is one million users per week in Asia. The company has sold over one billion devices with iOs operating system.

The company share price closed to 92,72 dollars last Friday in New York,  down 25 percent year on year.

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