Having always taken pride in its love of music, Apple is reportedly planning to further extend its line of audio products in the future. According to a Bloomberg article
citing people “familiar with the matter” the Cupertino-based company is planning to release a high-end version of the popular AirPods, another HomePod and its first pair of Apple-branded over-ear headphones as early as next year.
Considering that Apple’s main source of revenue, its iPhone business, isn’t growing as quickly as it used to and the Mac
segments have also cooled off recently, it makes sense for Apple
to build another leg to stand on. Starting with the iPod in the early 2000s, Apple has a history of highly successful audio products and its headphones, both the Apple-branded AirPods as well as Beats headphones, are a hit with customers.
As the following chart illustrates, the “Other Products” segment that sums up all of Apple’s audio products along with Apple TV, Apple Watch and other accessories accounted for nearly $10 billion in revenue in the first half of the company’s ongoing fiscal year, up from $4.4 billion just three years ago.