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- 2016: #Apple launches the #AirPods
- 2017: Apple sells 16 million AirPods
- 2018: Apple sells 35 million AirPods
- 2019: Apple sells 50-60 million AirPods
- 2020: Apple projected to sell 100+ million AirPods
- 100 million AirPods x $200 (average price for all models) = $20 billion x 35% net profit = $7 billion x 25 P/E = $175 billion
- ...if AirPods were a stand alone company it might be worth $175+ billion and that’s using a 25 P/E multiple which is conservative for a company growing revenues/profits by more than 50%.
- $175+ billion market cap would make AirPods the 32nd largest company in the U.S.
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