Sunday July 12, 2020

Apple makes big profits from Watch band

18th June, 2015
The Apple Watch

Nearly 20 percent of Apple Watch buyers are not only shelling out hundreds of dollars for the timepiece but are springing for a spare band too, giving the tech giant a profitable second dip into customers' wallets, according to data provided exclusively to Reuters.

The data from Slice Intelligence, a research firm that mines e-mail receipts, offers a rare window into the money-making potential of Apple's first brand-new product under chief executive Tim Cook.

The ever-secretive...

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