Categories: Tech News

Apple made $1billion in revenue in Q4 2019

Apple generated $1billion of revenue a day in 2019 Q4. Apple Mac was famous for making computers now seeing a huge demand for its wearables i.e watches and ear buds. Apple watches last quarter outsold the entire Swiss watch industry https://news.sky.com/story/apple-watch-outsold-the-entire-swiss-watch-industry-last-year-11928148 .

Interesting is to see the number of people that are no longer watching TV but listening to podcasts, NetFlix and the internet so his is important for marketers as the spoken word is some much more important that the written words. These video podcasts generate 5 to 10 times the engagement that Digital Bytes, our weekly written analysis of developments in the Blockchain and Digital Assets sector generate.Apple in short term very exposed to the challenges created by coronavirus as much of it manufacturing is in China. Will this encourage firms like Apple to relocate production back to the US or as Trump says “Make America Great Again”

For more weekly analysis on topics like this email Jonny.Fry@TeamBlockchian.net and ask for Digital Bytes

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Jonny Fry

Jonny Fry co-founder and CEO of TeamBlockchain Ltd, is a Blockchain, crypto economics,Digital Assets and funds specialist, with over 25 year’s experience as CEO of an asset management business which he floated in London with over £1Billion under management .His focus has been on the dynamics of financial innovation, advising on Digital Assets, Tokenomics, Crypto funds and is a regular speaker on these topics. He is Non Executive Chairman of Gemini Ltd, a founder of The British Blockchain Frontier Technology Association (BBFTA) and advisor for a number of companies helping them with their strategic growth and managing corporate and reputational risk.

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