Tech Revenues In Context

#CKStrong

Apple’s air pod revenues alone generated $23.05 billion in revenue during their 2020 financial year – this is more revenue than Twitter, Spotify and Square combined. It gives Netflix’s entire business a run for its money as well – coming in less than 10% shy of their total revenue. According to the financial markets as of today, Netflix is worth somewhere in the region of $260 billion which would indicate that based on revenue alone, Apple’s AirPod business is worth somewhere in the region of $240 billion… it is completely mind-blowing how successful Apple are at creating wants, needs and then delivering a product to satisfy. Acumen, Dec ’21

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