AirPods Exceed Revenue of Spotify
Emailed on January 10th 2020 in The Friday Forward
Sales of Apple's AirPods last year exceeded all of Spotify.
In fact, a new report from analyst Kevin Rooke is indicating that Apple’s revenue from AirPods exceeds that of Spotify, Twitter, Snapchat, and Shopify combined.
Rooke, using a variety of sources, has pegged AirPods revenue at $12 billion, which would be about 4.5% of Apple’s total sales.
To be fair, another analyst, Neil Cybart, is challenging Rooke’s numbers, by questioning the reliability of all three sources Rooke used to come to $12 billion in revenue. Cybart further believes that the actual revenue figure is closer to $7.5 billion.
By either measure, a single Apple product line generates more revenue than Spotify.
