Apple Sold an Estimated $6 Billion Worth of AirPods in 2019
Wearables are easily among the most exciting market opportunities for Apple (NASDAQ: AAPL), with CEO Tim Cook saying the segment is enjoying "explosive growth." Based on Cook's silly habit of measuring revenue relative to the Fortune 500, Apple's wearables revenue is now approximately $18.9 billion. The broader wearables market saw global unit volumes nearly double in the third quarter, according to recent estimates from market researcher IDC.
With 2019 winding down, Apple may have sold $6 billion worth of AirPods throughout the year. That could more than double in 2020.
Image source: Apple.
Source Fool.com
