The Apple Watch is a $1 billion success

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The Apple Watch may be many things, but now we know one thing it is most certainly not: a flop.

On Tuesday, Apple finally released revenue numbers — after a fashion — for its first wearable as part of its Q3 earnings report.

As expected, Apple slotted the Apple Watch into its “Other Products” category, which includes the Beats headphone business, iPods and Apple TV

See also: Apple Watch is the best smartwatch on the market: Our review

The total sales for the category — $2.64 billion — pale in comparison to the iPhone’s $31 billion in quarterly sales. Even so, the number tells a tale. Here’s what I was able to extrapolate moments after the release hit the wires. Read more…

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