On a revenue basis, Apple’s wearables business is now at a $16 billion annual run rate growing at 55% to 60%. At the current pace, wearables will surpass both the iPad and Mac near the end of 2020 to become the third largest product category behind iPhone and Services when looking at revenue. For its wearables, home and accessories segment, Apple said revenue was $5.53 billion.
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Tuesday, August 13, 2019
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