Report: Apple has more than 50% of Australia's smartwatch market

One day away from launching its iPhone 7, Apple has some good news out of Australia.

A new report suggests the Apple Watch has captured more than 50 percent of the smartwatch market in the country, followed by the Samsung Gear and Fitbit Blaze.

That's after a slow start for the smartwatch category generally. According to technology analysis firm Telsyte, smartwatch sales made up one third of the wearable technology market in the first half of 2016 compared to less than a quarter in early 2015.

Sales of smartwatches grew by 89 percent in the first half of 2016 compared with first half of 2015. Read more...