Apple AirPods earn more money than Twitter, Snapchat combined

Launched nearly three years ago by Apple, AirPods is expected to have single-handedly surpassed Twitter and Snapchat’s combined revenue for the last year 2019. Sales of Apple’s AirPods almost doubled to $6 billion in the last year 2019, Toni Sacconaghi, a senior sell-side equity research analyst at Sanford C Bernstein, said in a recent research note. On the other hand, Twitter’s revenue for the full year is expected to reach $3.3 billion, while Snap Inc’s is expected to have earned $1.72 billion in 2019 revenue.

Toni Sacconaghi, in a note, further estimated that AirPod sales can take a leap this year and could generate $15 billion in revenue by selling 85 million AirPods in 2020. Growing at this pace by 2021, the product is likely to become Apple’s third-largest business. Moreover, the size of the global market for true wireless hearables is expected to touch 230 million units in