• Loading stock data...
Friday, October 4, 2024
The Best Employers in Sports survey is now open! Take the survey

Apple Faces Delays for New Series 7 Watch

Apple/Design: Alex Brooks

The Apple Watch Series 7 was unveiled in mid-September ahead of its Oct. 15 release. 

Now, some customers are looking at a two-month wait for the outdoor-friendly watch that Apple considers its “most durable ever.” Other have not even been able to order the product.

Bloomberg reported “production snags” in August, following rumors of delays due to the watch’s complexity. The wearable includes a number of fitness and health-focused features:

  • Blood oxygen level tracker
  • The ability to take an ECG anytime
  • Mindfulness and sleep trackers
  • Water resistance up to 50 meters
  • Apple’s Fitness+ service

Apple could take a hit from the hold up — more than 11% of its revenue came from wearables, home products, and accessories last fiscal year. Revenue was up 36% year-over-year to $81.4 billion in the quarter ending June 30.

If Apple can keep up with demand, holiday sales could help the tech giant could record nearly $120 billion in revenue in the final quarter of the year. The company reports fiscal fourth-quarter earnings on Oct. 28.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Running back Kalel Mullings (20) celebrates a touchdown against USC with teammates during the second half at Michigan Stadium in Ann Arbor on Saturday, Sept. 21, 2024.

House v. NCAA Lawyers Amend Settlement to Address Concerns About Boosters and NIL

Judge Claudia Wilken had concerns about the definition of the word “booster.”
Mar 5, 2024; Houston, Texas, USA; Houston Rockets owner Tilman Fertitta smiles during the third quarter against the San Antonio Spurs at Toyota Center.

Tilman Fertitta Is Finally Trying to Bring WNBA Back to Houston

Houston is the biggest U.S. market to not have a WNBA team.
A member of the Miami Dolphins training staff attends to quarterback Tua Tagovailoa

What Walking Away Would Mean for Tua Tagovailoa’s Contract

The quarterback is facing calls to retire after another concussion Thursday night.
podcast thumbnail mobile
Front Office Sports Today

Joe Montana, Montez Sweat on Evolution of NFL

0:00

Featured Today

The Cal mascot, Oski

How the Calgorithm Turned College Football Twitter Into Real Life

“College GameDay” makes its first trip to Berkeley on Saturday.
Apr 8, 2022; Philadelphia, Pennsylvania, USA; The cleats of Philadelphia Phillies right fielder Bryce Harper (3) as he runs the bases against the Oakland Athletics during the seventh inning at Citizens Bank Park.
October 1, 2024

MLB Players Are Clamoring for Swag. Outfitting Them Is Big Business

Sliding mitts, cleats, and belts are fun, flashy, and lucrative.
Sep 25, 2024; Los Angeles, California, USA; San Diego Padres right fielder Fernando Tatis Jr. (23) celebrates after hitting a solo home run in the fifth inning against the Los Angeles Dodgers at Dodger Stadium.
September 30, 2024

The Padres’ Future Is on the Line This Postseason

The MLB playoffs could determine the team’s path forward.
Aug 3, 2024; East Rutherford, NJ, USA; Barcelona midfielder Pau Victor (8) celebrates his goal with teammates during the second half of an international friendly against Real Madrid at MetLife Stadium. V
September 29, 2024

FC Barcelona’s Overspending Triggered a Crisis. Has It Tightened Its Belt Enough?

The club is betting on their middle-road strategy to dig out.

Under Armour Sells MapMyFitness Back to Founders 11 Years Later

The founders sold the tracking app to the apparel giant in 2013.
August 13, 2024

Federer’s On Brand Continues Surge, Challenging Sportswear Giants

Earnings weren’t all positive for On, causing a dip in its premarket stock price.
A view of a Nike retail store in New York City.
August 15, 2024

Nike Shares Surge As Bill Ackman Invests, Igniting Turnaround Hopes

The billionaire hedge-fund executive holds significant influence in the market.
Sponsored

Trend Report: Chiefs-Chargers, Tobacco Road Rivalry, Nebraska Sellout Streak

According to data from TickPick, some games this week will prove to be wallet-busters, climbing into the four figures.
Peloton
May 2, 2024

Peloton Timeline: CEO Changes, Layoffs, Recalls, and Falling Stocks

The company has fallen from grace after roaring success in 2020.
October 18, 2023

Peloton To Bring Live Sports To Its Fitness Devices

NBA League Pass will be available to watch on Peloton devices.
August 10, 2023

Alternative Golf Venues Thriving ‘Off-Course’ By Attracting Younger Players

In 2022, 15.5 million people participated in off-course golf activities. 
Nike's group fitness studios follow its Netflix workout streaming deal.
August 3, 2023

Nike Leans Into In-Person Fitness As Lululemon Cuts Back

With fitness classes already on Netflix, Nike now plans in-person studios.