Andrew O'Hara
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.
William Gallagher
Malcolm Owen
Charles Martin
11 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.
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.