https://i.redd.it/oo52wnmjbcx61.png Amazing company. I admire Apple's ability to create new revenue streams. In less than 5 years, Airpods makes more revenue than the likes of Adobe, Uber and Nvidia. #tech
that’s insane
Seriously? You know Toyota also has the same revenue as Apple? Walmart is probably worth 2x Apple.
Yes, I'm aware. Toyota is massive. This is just comparison of tech companies.
Yeah, so what’s the meaning of comparing revenues?
My cat has knocked the case off the counter/table several times and they get lost under the oven, couch or some other nook. Then I buy a new pair, only to find the original pair weeks later. I’m up to 3 sets.
@op - you might wanna read before posting incorrect info https://mobile.twitter.com/neilcybart/status/1214867813464236032
This is hardly debunked. It's two estimates that gets a different number than a third estimate. First estimate: And in 2019, Apple has pulled off yet another incredible year of AirPods sales. Apple sold an estimated 60 million units, but in 2019 the prices increased too. Apple’s second generation AirPods launched at $200, and their newest variation, the AirPods Pro sell for $250. Assuming an even split of sales between Gen 1, Gen 2, and AirPods Pro, Airpods revenue was $12 billion in 2019. That’s 8% of Apple’s iPhone revenue. Investors are paying attention now. Conclusion: 2019 AirPod revenue is $12 billion with a trend pointing to $27.8 billion for 2020. Second estimate: In FY2019, Apple sold 35 million pairs of AirPods at an average selling price (ASP) of $162 (both are my estimates). On a revenue basis, the AirPods business is on a $6 billion per year run rate that is doubling year-over-year. Conclusion: 2019 AirPod revenue is $6 billion with a trend pointing to $12 billion for 2020. If you take the two conclusions with a weight of 70%/30% respectively for the first and second, you get $23 billion.
Don't compare hardware revenue with software revenue.
Most of that went into the marketing budget lmfao
I knew AirPods was a great product the moment it was revealed. It was quite a leap in technology and there was nothing like it back then. People also complained about “what if you loose one” as an excuse of why they weren’t as great.
How’s it a leap in technology?
Bluetooth and true wireless had existed when airpods were introduced, but airpods were truly the first to make it a fashion statement as well