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Apple's wearables revenue up more than 50 percent in Q4

Apple Watch and AirPods

Last updated

Sales of Apple wearables like AirPods and the Apple Watch grew more than 50 percent year-over-year during the fourth quarter, CEO Tim Cook said in announcing results on Thursday.

Cook revealed the gains during the company's usual earnings call, though he didn't provide any specific breakdown on models or unit sales — as is typical.

Devices such as the Apple Watch and AirPods make up part of the "other products" category of Apple's financials which raked in $4.2 billion during the quarter.

In quarter three, Apple reported that wearables were up 60 percent YoY for the June quarter.

Apple pulled in $62.9B worth of revenue on sales of 46.9M iPhones in its record-breaking September quarter.



11 Comments

mac_128 12 Years · 3452 comments

How do we know the "wearables" revenue is what's up over 50%? There are plenty of non-wearable products being sold in the "Other" category which includes wearables. 

It's interesting that the Other category has maintained a 5-7% share of Apple's overall profits since the Apple Watch was released, despite growth that seems to outpace Apple's earnings overall. 

Andrew_OSU 6 Years · 574 comments

mac_128 said:
How do we know the "wearables" revenue is what's up over 50%? There are plenty of non-wearable products being sold in the "Other" category which includes wearables. 

Cook cited wearables, not "other products".

k2kw 11 Years · 2079 comments

mac_128 said:
How do we know the "wearables" revenue is what's up over 50%? There are plenty of non-wearable products being sold in the "Other" category which includes wearables. 

Somehow I don’t think that the HomePod contributed much to the Financials .

mac_128 12 Years · 3452 comments

mac_128 said:
How do we know the "wearables" revenue is what's up over 50%? There are plenty of non-wearable products being sold in the "Other" category which includes wearables. 
Cook cited wearables, not "other products".

Ah, I see. Thanks for the clarification. That would explain why the average share of earnings remained consistent with past quarters, despite having 50% growth. So Cook may have just let some details slip -- Watches and AirPods are doing very well, while HomePods, Apple TVs, and the rest not so much. I'd still bet AirPods are contributing more to the bottomline of "Wearables" than AppleWatches, but who knows.

chasm 10 Years · 3624 comments

Corrections: first to Andrew -- Apple did not make $62.9B in revenue "on sales of 46.9M iPhones." As mentioned, the iPhone revenue was $37.2 billion. You're confusing the total revenue with the iPhone revenue.

Mac_128: Apple TVs seem to be selling very well, actually -- they are consistently estimated to be the #2 or #3 set-top box brand. I can't claim to know whether AirPods are outselling Apple Watches, but Watch growth has been estimated to be accelerating nicely (with no such claim about AirPods) -- and I guarantee Apple makes more money off every Watch than they do off every AirPod set.