Apple sold $6 billion worth of AirPods this year and should sell more than double that next year, according to Toni Sacconaghi of Bernstein.
Sales of Apple’s AirPods nearly doubled to $6 billion this year and should take another leap forward next year, according to Toni Sacconaghi of Bernstein.
The analyst said in a note Friday that Apple could sell 85 million AirPods in 2020, generating about $15 billion in revenue. If sales of the wireless headphones grew at the same rate again in 2021, the product would become Apple’s third largest business, Sacconaghi said.
MacDailyNews Take: You know, because Tim Cook’s Apple has had no new blockbusters. (smirk)
If Apple could only stop iPhone sales from declining significantly, the company would have it made in the shade, but I suppose that’s just not possible. Even if Apple can sell a decent amount of some other product, the analysts are always going to come back saying how those other increased product sales aren’t going to offset iPhone sales losses. Maybe those analysts are right, but I wish they weren’t.