Apple Earned A Whopping $1.65 Trillion From iPhone Sales In The Last Decade, Report Says – News18

0
27
Apple Earned A Whopping $1.65 Trillion From iPhone Sales In The Last Decade, Report Says – News18


Curated By: Shaurya Sharma

Last Updated: February 20, 2024, 09:03 IST

Cupertino, California, USA

iPhone is an iconic product that wants no introduction.

AltIndex says that Apple has generated a staggering $1.65 trillion completely from iPhone gross sales within the final decade.

The iPhone unquestionably stands as Appleā€™s most profitable product ever, constantly driving important income for the Cupertino-based tech large over time, because of the appreciable hype surrounding every new technology of those telephones.

This truth has constantly been supported by quite a few stories. However, a current report by AltIndexĀ now reveals that Apple has generated a staggering $1.65 trillion completely from iPhone gross sales within the final decade.

In 2023, Apple bought 235 million models, in comparison with 153.4 million in 2013, reflecting a noteworthy 53% improve. AltIndex reported, ā€œAppleā€™s total iPhone sales in the past decade amount to a whopping 2.3 billion. In comparison, its biggest rival, Samsung, shipped 800 million more smartphones in this period.ā€

These figures come as no shock, contemplating how Apple beat Samsung to assert the main place in international smartphone market share. In 2023, Apple surpassed Samsung to turn into the worldā€™s prime smartphone vendor by way of market share, as per knowledge from the International Data Corporation (IDC), marking the primary change within the prime spot in over a decade.

This improvement is the direct consequence of its elevated shipments throughout varied quarters. In the fourth quarter of 2023, Apple shipped a complete of 80.5 million iPhone models, representing an 11.6% yr-over-yr improve.

IDC additional claimed that Appleā€™s progress primarily stems from its rising reputation in rising markets. ā€œWhile we saw some strong growth from low-end Android players like Transsion and Xiaomi in the second half of 2023, stemming from rapid growth in emerging markets, the biggest winner is clearly Apple,ā€ IDC stated.



Source hyperlink