The entirety of "wearable, home, and accessories" amounted to 10.9% of revenue for the past quarter, which included Christmas, and 9.4% for all of fiscal 2019. In addition to the Apple Watch, that category includes Airpods, HomePod, Apple TV, Beats, iPod touch...
The Apple Watch by itself is estimated to be larger than the iPod was at its peak. (http://www.asymco.com/2019/12/12/ipods-pro/) and the Airpods if they are not already larger than the iPod at its peak soon will be.
As far as the iPod Touch, the entire iPod line was less than 1.5 million a quarter when they stopped breaking out the numbers (years before they stopped reporting volumes of their other lines).
But the last time I checked, even a category that is only 10% of Apple's revenue still puts that category's revenue above all but the top 100 companies in the US.
The Apple Watch by itself is estimated to be larger than the iPod was at its peak. (http://www.asymco.com/2019/12/12/ipods-pro/) and the Airpods if they are not already larger than the iPod at its peak soon will be.
As far as the iPod Touch, the entire iPod line was less than 1.5 million a quarter when they stopped breaking out the numbers (years before they stopped reporting volumes of their other lines).
The iPhone when it was introduced was already introduced into a market with a 1 billion device/year run rate. Now close to 5 billion people own cell phones (https://www.bankmycell.com/blog/how-many-phones-are-in-the-w...).
Also, 61% of their revenue comes from phones. (https://sixcolors.com/images/content/2020/financials-2020-1-...)
And of course the iPhone is going to sell well during the Christmas quarter and after they introduce new phones compared to most quarters.
https://sixcolors.com/post/2019/07/apple-third-quarter-2019-...
But the last time I checked, even a category that is only 10% of Apple's revenue still puts that category's revenue above all but the top 100 companies in the US.