Airpods Revenue Vs. Top Tech Companies

Airpods Revenue Vs. Top Tech Companies

Share this Article

Apple has long been established as a titan of the tech industry and a revenue behemoth. As the first company in history to hit both the $1 trillion and $2 trillion market cap milestones and it is now worth more than all FTSE 100 companies combined. When digging into its financials, it doesn’t take long to work out why it has grown to such a meteoric size.

Apple’s air pod revenues alone generated $23.05 billion in revenue during their 2020 financial year – this is more revenue than Twitter, Spotify and Square combined. It gives Netflix’s entire business a run for its money as well – coming in less than 10% shy of their total revenue. According to the financial markets as of today, Netflix is worth somewhere in the region of $260 billion which would indicate that based on revenue alone, Apple’s AirPod business is worth somewhere in the region of $240 billion.

There are of course a huge number of factors to take into account when calculating the fair value of a company or line of products – and revenue isn’t the only aspect that is considered. However, it is completely mind-blowing how successful Apple are at creating wants, needs and then delivering a product to satisfy.

The technology inside the standard AirPods is not too far removed from the free wired headphones Apple used to provide with their devices. However, add in wireless capabilities and a £200 price tag and consumers go crazy. AirPods are a fashion statement, functional and convenient. Apple never ceases to amaze me with how simple their products are and how much of an outsized impact they deliver to the consumer.

So, what do you think of Apple?

Related Articles

  • Advice
    December 14, 2012
    Good news for investors!
    News from the US that the Federal Reserve has linked interest rates to the unemployment rate is unpr....
  • Advice
    February 27, 2013
    Changes to the UK State Pension system
    There has been a lot of newspaper inches devoted to the new state pension announced by the Coalition....
  • Advice
    August 20, 2014
    Is a pension the only way to save for retirement?
    Acumen is regularly asked for advice about the best way to plan for retirement and whether pensions ....