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HCK
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« on: May 04, 2017, 04:05:21 pm »

'Apple wearables' already big enough to be Fortune 500 — and growing

Apple Watch, AirPods, and Beats combined would make 'Apple Wearables' a Fortune 500 company.

So spake Tim Cook during Apple's Q2 2017 financial results call. It's a bold statement but also a necessary one. Despite last quarter making it time to admit Apple Watch is a success, last week media and financial hot-takers were once again tripping all over themselves and their logic to declare Apple Watch once again beleagured. Or doomed. Or whatever else fit their narrative.

Meanwhile, Apple was not only enjoying twice the Apple Watch sales success as last year, the company was building on its wearable products like with the newly-released AirPods and the newly updated Beats wireless headphones.

Here's Cook's full statement from the call:


  Building on the momentum from the holiday quarter, Apple Watch sales nearly doubled year over year. Apple Watch is the best selling and most loved smartwatch in the world and we hear wonderful stories from our customers about its impact on our fitn...

Source: 'Apple wearables' already big enough to be Fortune 500 — and growing
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