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Apple’s Wearables Could Be a $100 Billion Business, Analyst Says

Apple’s iPhone business is the company’s biggest division, but it’s the wearables segment, which includes AirPods, Apple Watch, and Beats headphones, that holds huge promise.

Apple’s third quarter global wearable shipments soared 196% year-over-year to 29.5 million units, market research firm IDC said on Monday. Apple accounted for 35% of the 84.5 million wearables shipped last quarter, which was up from 43.4 million the same period in the prior year. Shipments by rivals including China-based Xiaomi and Korean conglomerate Samsung also soared during the period.

Source: fortune.com
Author: Don Reisinger

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