Apple Watch, AirPods drive Wearables rev 70%, outpacing size, growth of Amazon ads, Google Cloud, Alphabet Other Bets

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Apple is criticized for making much of its revenues from one hit product: iPhone. However, its newest foray into Wearables has not only become its fastest-growing revenue source behind iPhone, but is also larger and growing more rapidly than other top tech firms’ hyped future growth segments, such as Amazon’s ads business, Google’s Cloud and Alphabet’s Other Bets.