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> are you calling the Apple Watch, a $70 billion annual revenue sector of their business a failure? First, where did you get $70 billion from? I see estimates
by jmyeet 3y ago
> are you calling the Apple Watch, a $70 billion annual revenue sector of their business a failure?
First, where did you get $70 billion from? I see estimates of 40M Apple Watches sold per year. It starts at $249. I imagine the average selling price is pretty close to that. Let's assume $300. So that's a $12 billion business?
And no, I didn't call it a "failure". I called it a niche, which it is. To compare Apple sold 225M iPhones (at a significantly higher ASP) in 2022.