Apple today said that the Apple Watch saw its best quarter ever in Q1 2018, with the new Series 3 models selling at twice the volume of the Series 2 models last year. Apple Watch saw a 50% growth in units and revenue for the fourth consecutive quarter.
When combined with sales of Beats headphones and AirPods, total revenue from wearables was up almost 70 percent year-over-year.
Apple’s „Other“ category, which includes Apple TV, Apple Watch, Beats, iPod, and Apple-branded and third-party accessories, was the major contributor to the company’s revenue, bringing in $5.5 billion.
Apple says wearables, including the Apple Watch, the [...]
The App Store had a record-breaking holiday season according to a new press release issued by Apple this afternoon. During the week starting on Christmas Eve, a record number of customers made App Store purchases, spending more than $890 million in that seven-day period.
On New Year’s Day 2018 alone, customers made $300 million in purchases. Apple marketing chief Phil Schiller said the company is „thrilled“ with the reaction to the revamped App Store that was introduced as part of iOS 11.
„We are thrilled with the reaction to the new App Store and to see so many customers discovering and enjoying new apps and games,“ said Phil [...]
Apple’s financial earnings results for the fourth fiscal quarter of 2017 were announced today, and on the subsequent call, Apple CEO Tim Cook said revenue from the company’s wearables unit was up 75% during the quarter compared to Q4 2016.
Apple’s wearables business for all of fiscal 2017 was the size of a Fortune 400 company. „Apple Watch is the best-selling and most loved smart watch in the world,“ Cook said during the call.
In 4Q 2017, the Apple Watch saw unit growth of 50 percent for the third consecutive quarter thanks to strong sales of the Apple Watch Series 3. „Customers love the freedom of Apple Watch Series 3 [...]
Apple’s „Other Products“ category, which includes the Apple TV, Apple Watch, Beats products, iPod, and Apple-branded and third-party accessories, is seeing solid growth according to Apple’s Q2 2017 earnings results.
Revenue from „Other Products“ was at $2.87 billion during the quarter, up from $2.19 billion in the year-ago quarter.
Apple Watch sales doubled year-over-year during the holiday quarter, and according to Apple CEO Tim Cook, the response to AirPods has been „great.“ Cook says that demand for AirPods continues to significantly exceed supply, and that Beats growth is also „very strong.“ [...]