Apple's Wearables Unit Sees 75% Growth Year-Over-Year in 4Q 2017
Apple's financial earnings results for the fourth fiscal quarter of 2017 were announced today, and on the subsequent call, Apple CEO Tim Cook said revenue from the company's wearables unit was up 75% during the quarter compared to Q4 2016.
Apple's wearables business for all of fiscal 2017 was the size of a Fortune 400 company. "Apple Watch is the best-selling and most loved smart watch in the world," Cook said during the call.
In 4Q 2017, the Apple Watch saw unit growth of 50 percent for the third consecutive quarter thanks to strong sales of the Apple Watch Series 3. "Customers love the freedom of Apple Watch Series 3 cellular," said Cook.
Apple does not break out Apple Watch sales, instead lumping the device into its "Other Products" category that includes Apple TV, Beats products, iPod touch, and Apple-branded and third-party accessories.
In 4Q 2017, the "Other Products" category brought in $3.23 billion, up from $2.37 billion in the year-ago quarter, a year-over-year revenue increase in 36%.
Popular Stories
The Apple Watch Series 12 could ship with a new health sensor built directly into one of its bands, according to a sketchy rumor from a known leaker.
The leaker known as "Kosutami" says the sensor will be injection-molded into a silicone band, and only a silicone band, apparently because Apple has not yet solved how to embed similar hardware in bands made from other materials. No detail was...
With watchOS 27 beta 3, Apple added support for Siri AI and the Siri app, so Apple Watch users can now use the features right from their wrist.
Apple said Siri AI would be coming to the watch back when watchOS 27 was first introduced, but the feature wasn't live until now.
The Dynamic App Grid that pops up when the Digital Crown is pressed displays the Siri app in the center, and the...
While the Apple Watch Series 12 is still a few months away, a new rumor suggests that next year's Apple Watch Series 13 will mark the end of an era.
According to a recent post from a known leaker on the Chinese social media platform Weibo, the Apple Watch will be receiving a major redesign next year, and this will apparently include a new way of attaching bands to the watch. As a result, the ...
