April 13, 2024
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
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)


Read More


AirPods Make as Much Money as Spotify, Twitter, Snap and Shopify Combined [Chart]
Add Comment
Would you like to be notified when someone replies or adds a new comment?
Yes (All Threads)
Yes (This Thread Only)
No
iClarified Icon
Notifications
Would you like to be notified when we post a new Apple news article or tutorial?
Yes
No
Comments
You must login or register to add a comment...
Recent. Read the latest Apple News.
RECENT
Tutorials. Help is here.
TUTORIALS
Where to Download macOS Monterey
Where to Download macOS Ventura
AppleTV Firmware Download Locations
Where To Download iPad Firmware Files From
Where To Download iPhone Firmware Files From
Deals. Save on Apple devices and accessories.
DEALS