Apple’s Trillion Greenback Earnings from iPhone Gross sales within the Previous Decade |

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iPhone is Apple’s most profitable product and it has achieved nice feats since its launch. Whereas reporting first quarter outcomes earlier this month, Apple CEO Tim Prepare dinner mentioned that income progress for the December quarter was fueled by iPhone gross sales. Now a report has revealed that the tech big has grossed trillions of {dollars} from iPhone gross sales prior to now decade.
In accordance with information offered by AltIndex.com, Apple grossed a whopping $1.65 trillion from iPhone gross sales prior to now decade.By way of bought models, Apple went from 153.4 million in 2013 to 235 million in 2023, registering a 53% enhance in a decade.
The iPhone reportedly turned the most-used smartphone globally in 2023, overtaking Samsung’s throne. Final 12 months, the tech big shipped 235 million iPhones worldwide, whereas 35% of all customers owned the gadget, serving to the corporate’s cumulative gross sales income hit file highs.
iPhone cargo in final decade
Apple’s whole iPhone shipments prior to now decade touched 2.3 billion, as compared Samsung, its greatest rival, shipped 800 million extra smartphones within the final 10 years.
“Since its introduction to the market in 2007, the iPhone has been an important product for Apple, with its share within the firm’s income continuously rising,” the report mentioned, attributing “most of its accomplishments” to “Apple’s means to maintain its smartphone aggressive and ship the precise mixture of consumer expertise and standing image enchantment.”
To match the income generated by iPhones, within the first quarter of economic 12 months (FY) 2009, iPhone gross sales accounted for a couple of quarter of Apple’s whole income. This determine jumped to 58% within the first quarter of economic 12 months 2024.
In FY 2014, the tech big grossed $101.9 billion from iPhone gross sales. 4 years later, this determine elevated to $166.2 billion, mentioned the report.
In accordance with Statista and the official firm information, iPhone annual gross sales income has virtually doubled prior to now ten years.

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