“During Apple’s earnings call this afternoon, Tim Cook shared a pair of notable details about Apple’s wearables business,” Chance Miller reports for 9to5Mac.

“First off, Cook touted that Apple’s ‘Other’ category hit nearly $4 billion in revenue during the second quarter of 2018. The category, which includes AirPods, Apple Watch, HomePod, Beats, iPod Touch, Apple TV and more, brought in $3.96 billion in revenue,” Miller reports. “That is up 38 percent year-over-year, with wearables specifically increased 50 percent year over year, which includes AirPods, Apple Watch, and Beats.”

Miller reports, “Cook touted on the call that Apple’s wearables business is now the size of a Fortune 300 company.”

Apple Watch Series 3 (GPS + Cellular)

Apple Watch Series 3 (GPS + Cellular)


 
This was another outstanding quarter for our wearables business, which includes Apple Watch, Beats, and AirPods with combined revenue of almost 50% year over year. Looking at its revenue over the last four quarters, our wearables business is now the size of a Fortune 300 company. — Apple CEO Tim Cook, May 1, 2018

Read more in the full article here.

MacDailyNews Take: Number 300 on Fortune’s list is Alcoa, the world’s sixth largest producer of aluminum, with $9.318 billion in annual revenue.

YKBAWID.

SEE ALSO:
Uh, yeah, about those iPhone X ‘concerns’ from analysts: Never mind – May 1, 2018
Apple beats Street with best Q2 ever – May 1, 2018
Apple Watch, not phones, powered Verizon’s subscriber growth – April 24, 2018
Ming-Chi Kuo: Apple Watch sales could top 40-50 million units within next three years – March 27, 2018
Apple Watch dominates smartwatch market – March 1, 2018
Apple’s line of smartwatches outsold the entire Swiss watch industry last quarter – February 12, 2018
Apple Watch sets new all-time record for wearables shipments; ‘Apple has won the wearables game’ – analyst – February 7, 2018
Apple Watch sales momentum is growing; unit sales now rival those of Macintosh – January 23, 2018
Apple Watch Series 3 shipments predicted to rise to 23-25 million in 2018 – December 14, 2017
Apple Watch: The war for wearables is over, and Apple won – December 12, 2017
Canalys estimates Apple shipped 3.9 million Apple Watch units in Q317, despite strong demand outstripping supply – November 14, 2017
When Apple Watch surpassed iPod – November 8, 2017