Apple also won best tablet with the iPad Air 2 and best laptop with the MacBook Air 2014.
Sony was also a big winner, scooping four awards, including best compact camera, best TV, best headphones and best home entertainment device with the PlayStation 4.
The awards, voted for by a combination of industry experts, technology journalists and the public, crowned LG's G Watch R with the best wearable award, ahead of the Pebble Steel smart watch.
Other winners included Samsung's Galaxy Note 4, which was named phablet of the year.
Judge and technology writer David Phelan told Sky News the competition was tough.
"BlackBerry, Motorola, Nokia have all had massive changes in the last 12 months, but in the course of it there's still been big innovations from all the big players and from companies you've never heard of before," he said.
That was 2014 - but what can we expect to see next year?
Technology expert Nate Lanxon said: "2015 is going to be quite an exciting year for tech people. One is going to be the inevitable rise of more wearables, more scenarios for individual wearable devices.
"The other thing that I think might be more interesting might be smart textiles, which is where the electronics for various wearable technologies can actually be woven in and factored inside garments and inside fabrics."
So whether it's the growth of smart watches or the future of fabric, it looks like 2015 has a lot to offer.