June 25, 2022
AirPods Make as Much Money as Spotify, Twitter, Snap and Shopify Combined [Chart]

AirPods Make as Much Money as Spotify, Twitter, Snap and Shopify Combined [Chart]

Posted January 8, 2020 at 7:24am by iClarified · 12752 views
Apple AirPods have been a runaway hit since their launch in December of 2016.

The earbuds are estimated to have generated Apple revenue of around $2.25 billion in 2017, $5.25 billion in 2018, and an impressive $12 billion in 2019. That's about 4.5% of total revenue from iPhone.

If AirPods were their own company, that company would be worth around $60 billion based on a 5x multiple.

Kevin Rooke has posted a chart that compares the AirPods business to some of the biggest tech companies.

In 2018, AirPods revenue grew 133% over 2017, and in 2019 AirPods revenue was up another 128% over 2018. This is what AirPods revenue looks like compared to some of the world’s top tech companies. AirPods make as much money as Spotify, Twitter, Snap, and Shopify *combined*. And considering their triple-digit growth two years in a row, I would be shocked if AirPods didn’t earn more money than Uber in 2020.

Take a look at the chart below and hit the link for more details.

If you're interested in purchasing Apple's wireless earbuds, there are three models available:
AirPods Pro - $249
AirPods AirPods with Wireless Charging Case - $169 (15% off)
AirPods with Charging Case - $139 (13% off)

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AirPods Make as Much Money as Spotify, Twitter, Snap and Shopify Combined [Chart]
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