Apple Inc. AAPL has been constantly diversifying revenue base. At present, the corporate’s well-lik
Apple Inc. AAPL has been constantly diversifying revenue base. At present, the corporate’s well-liked wearable merchandise are more likely to witness strong growth in 2019 and past. Apple’s AirPod and Watch have been gaining traction amongst customers. Actually, Apple is anticipated to ship round 60 million AirPods in 2019 (per a Bloomberg report), enhancing massively from 16 million sold in 2017. That is more likely to lead to a contribution of round $12 billion in revenues in 2019.
Furthermore, the corporate is anticipated to witness important demand for AirPods Pro that was launched in October 2019. Actually, AirPods sales are estimated to the touch the 100 million items mark in 2020, which is more likely to result in $20 billion in revenues.
Ever because the launch in 2015, Apple Watch has witnessed spectacular rise in market share that improved from 14.1% in the fourth quarter of 2015 to 29.6% and 27.4% in 2017 and 2018, respectively. Apple Watch is now believed to take pleasure in a market share of 47.9% within the smartwatch section, per a Market Realist article. Per IDC, a market analysis firm, Apple Watch shipments are anticipated to rise by 10.8% 12 months over 12 months in 2019 to shipments…