Thursday, June 20, 2024

After 5 Years, Apple’s iPhone Has Generated $150B in Revenue

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Apple Insider: In recognition of the five-year anniversary of the introduction of the iPhone, Strategy Analytics put out a new set of numbers on the smartphone. They estimate that Apple has sold 250 million iPhones since then for a total revenue of $150 billion. “The iPhone portfolio has become a huge generator of cash and profit for Apple,” said Neil Mawston, executive director at Strategy Analytics. “A quarter of a billion iPhones have been shipped cumulatively worldwide in the first five years since launch and Apple reaches its fifth birthday at the top of its game.”

There are now more iPhones sold each day than babies born each day.

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