"From Investment to Innovation: Apple's Watch Journey"

Apple's latest iteration of its smartwatch, the Apple Watch Ultra, was launched in September 2022 and is priced at $799, while the second-generation SE model is priced at an affordable $249. In the fiscal year that ended September 2022, Apple's "Wearables, Home and Accessories" business, which includes the Apple Watch, fetched revenue of $41.42 billion, or 10.5% of the total revenue. Since the launch of the Apple Watch in April 2015, a $1,000 investment in Apple would have yielded a 455% return, outperforming the S&P 500 Index and the Nasdaq 100 Index.