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Apple is spending insane amounts of money on Apple Watch ads

By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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April 10, 2015, 9:54 AM ET
, California March 9, 2015.  REUTERS/Robert Galbraith (UNITED STATES  - Tags: SCIENCE TECHNOLOGY BUSINESS)   - RTR4SNKD
, California March 9, 2015. REUTERS/Robert Galbraith (UNITED STATES - Tags: SCIENCE TECHNOLOGY BUSINESS) - RTR4SNKDPhotograph by Robert Galbraith — Reuters
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Apple has spent $38 million on Apple Watch television ads over the past month or so, according to numbers crunched by media tracking firm iSpot.tv. That’s almost the $42 million Apple has spent on iPhone 6 ads over the last five months, Reuters reports.

The Apple Watch became available for pre-order Friday, while the product will be launched on April 24. The Apple Watch is the company’s first new product under CEO Tim Cook, as well as the company’s first wearable device.

The Apple Watch television ads started running in March, Reuters notes:

Out of 300-plus airings of the Apple Watch commercial since March, almost half have been in primetime spots tied to shows such as AMC’s “The Walking Dead,” the National Collegiate Athletic Association (NCAA) basketball tournament and NBC’s talent competition “The Voice.”

Data also showed that Apple Watch advert airings were ramped up on Monday this week, capitalizing on a widely viewed NCAA final between Duke and Wisconsin.

Apple posted earnings of $3.06 per share on revenue of $74.6 billion to start the year. Analysts expected earnings of $2.60 per share on revenue of $67.9 billion.

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About the Author
By Benjamin SnyderManaging Editor
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Benjamin Snyder is Fortune's managing editor, leading operations for the newsroom.

Prior to rejoining Fortune, he was a managing editor at Business Insider and has worked as an editor for Bloomberg, LinkedIn and CNBC, covering leadership stories, sports business, careers and business news. He started his career as a breaking news reporter at Fortune in 2014.

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