Apple has created many products over the decades that it has been in existence, where every now and then we see a different product take the limelight. At one point in time, Apple’s existence was very much defined by the iPod, the portable media player that took the world by storm.
However it seems that these days, Apple might have a new winner on their hands in the form of wearables. According to a recent interview with CNBC, Apple’s CEO Tim Cook revealed that the revenue generated by their wearables (which includes the Apple Watch and AirPods) has already exceeded what the iPod had sold during its peak back in the day.
Cook was quoted telling “Mad Money” host Jim Cramer, “On a trailing basis, … the revenue for wearables is already 50 percent more than iPod was at its peak.” Apple has yet to officially announce how many Apple Watches they have sold to date, and so far we’ve had to rely on unofficial figures from third-party analytics companies.
However the general consensus seems to be that Apple’s wearables are still very much on the rise. Unfortunately the same cannot necessarily be said for the iPhone which was Apple’s star product for many years as well, but in recent times seems to be facing weaker than expected demand.