Apple's Wearables, Home and Accessories Category Sets All-Time Revenue Record of $7.9 Billion

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Apple's Wearables, Home, and Accessories category, which was previously known as the "Other" category, brought in record revenue in the fourth fiscal quarter of 2020, hitting $7.9 billion, up 21 percent from $6.5 billion in the year-ago quarter.

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Apple CFO Luca Maestri said that Apple hit September quarter records in every geographic segment in these categories. Apple's wearables category alone, which includes Apple Watch, AirPods, AirPods Pro, and Beats headphones, is now the size of a Fortune 130 company.

When it comes to Apple Watch sales in September, 75 percent of buyers were new to the Apple Watch, suggesting the Apple Watch is still seeing significant growth among those who have not yet used the product.

Apple during the call announced a new Lumi Health partnership with the government of Singapore, which is an Apple Watch program designed to encourage healthy behaviors.

Tag: Earnings

Top Rated Comments

Chompineer Avatar
Chompineer
68 months ago

The Apple Watch is my favorite Apple device. :D Apple hit it out of the ballpark with the Apple Watch.
Agree. I had a series zero and just didn’t see the use in it... Sold it quickly after. My girlfriend’s Fitbit died in spring and she really wanted to get an AW, so we both got S5’s. I was very hesitant to try again, but very glad I did. She loves hers too.

Only annoyance, my carrier doesn’t support AW. I’d really like to be able to use the LTE on mine, then I wouldn’t have to bring my phone on walks.
Score: 3 Votes (Like | Disagree)
jz0309 Avatar
jz0309
68 months ago
apple does have the best line-up of products and keeps improving and adding new products, eg assuming that airtags will be announced soon and fall into this category, I think they will be quite successful
Score: 2 Votes (Like | Disagree)
T-R-S Avatar
T-R-S
68 months ago
I like the 2% Cash Back at Costco and grocery stores...
Score: 1 Votes (Like | Disagree)
Apple_Robert Avatar
Apple_Robert
68 months ago
The Apple Watch is my favorite Apple device. :D Apple hit it out of the ballpark with the Apple Watch.
Score: 1 Votes (Like | Disagree)
4jasontv Avatar
4jasontv
68 months ago

I can't believe that Apple's wearable and accessories division revenue is the same amount Google is willing to pay to be set as the default iOS search engine, not even exclusive search engine.
What does that tell you about the value of your personal data?
Score: 1 Votes (Like | Disagree)
Davidglenn Avatar
Davidglenn
68 months ago
It goes to show, that you don't need to be the first on the market, just do your research and get it right.
Score: 1 Votes (Like | Disagree)
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