Apple drew some pointed questions this week following CEO Tim Cook's vague response to reports suggesting Apple Watch demand has plummeted. The Apple Watch is on track to set a holiday sales record and post its best quarter ever, Cook said. Sell-through of the watch also is on track to reach a new high, he added. Cook's comments appeared to counter IDC's latest figures, which indicate that Apple sold just 1.1 million units of the smartwatch during the third-quarter 2016, a 71 percent drop from a year earlier.