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Revenues from the iPhone Set to Hit $1 Trillion This Year

SherDil

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We have been hearing about how the iPhone triggered a new era of both profitability and recognition for Apple of late, especially after the original phone celebrated its 10th-anniversary over the past few days, but there’s another reason for Apple to rejoice.



According to an analyst, Horace Dediu from Asymco, the current year will take Apple’s total sales from the iOS ecosystem to a massive $1 trillion.

Of course, such a figure is only possible after garnering a ton in sales and that’s what Apple has been famous for doing. According to the report, the company has sold a total of 1.75 billion iOS-based devices, including the iPhone, iPad, the Watch and Apple TV. The total number of sales is likely going to top 2 billion units by the end of next year.

Hardware still takes the crown in that, making Apple $980 billion by year-end, mostly on the back of 1.2 billion iPhones sold so far. Software is lagging but catching up at $100 billion. Content makers have been paid a total of $60 billion, a rate which has reached $20 billion a year.

The report points at many reasons why the ecosystem is much more valuable than its competitors. It points at the fact that an iPhone on average is unlocked 80 times a day, and assuming 600 million iPhones, that figure bloats to 17.5 trillion sessions a year, engagement level which is almost unprecedented.

Then there’s the overall ecosystem of software, which is tightly knit with Apple’s hardware, and the company has coupled that with expanding in the enterprise sector.

Users also tend to switch more from Android to the iPhone. As the iPhone moves into its second decade of life, the focus has shifted towards continuous improvement rather than some revolutionary features, something which Apple has already done with the Mac.

This post just scratches the surface; for more figures and illustrations check out Asymco’s blog.
 
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This seems unreal. A company making 1 trillion dollarso_O
If this news is true then the question arises, 'is the world ruled by companies? Is Google the most powerful entity in the world? Are govts there to protect the interest of companies?
 
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bank reserves?
Their last year sales revenue were $216 billion.
Yes that's what i'm talking about.
Revenues=/Sales

This seems unreal. A company making 1 trillion dollarso_O
If this news is true then the question arises, 'is the world ruled by companies? Is Google the most powerful entity in the world? Are govts there to protect the interest of companies?
Welcome to the real world. Where you've been living all these years?
 
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Welcome to the real world. Where you've been living all these years
Hmm this makes me wonder.
If Google knows almost everything and if God knows everything then does that make Google just below God w.r.t knowing?
Brain Fart.
 
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Highly unlikely but the new phone can boost the Revenue but will short from the 1Trillion mark especially the markets uncertainty
 
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They must have meant the cumulative revenue of Apple Inc. Apple was leading global brand in past several years with handsome increases in revenue. However, decline in revenue started in 2016 and who know what comes next. There are several very nice and competitive productive since last couple of years. I expect further fall in revenue unless Trump somehow do something extra-ordinary that changes the market ecosystem from competitive to monopolistic.
 
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wtf i red? in 2015 apple revenues were $216 billion, how come it would be 1 trillion this year?


I think, it means "One trillion from sale of iPhone only in last 10 years cumulatively"!

wtf i red? in 2015 apple revenues were $216 billion, how come it would be 1 trillion this year?


Revenue of $216 billion per anum is unprecedented figure!!!!! Annul revenue of Govt of India from all sources is $350-$400 billion and Pakistan is $40-$45 billion!!!!!
 
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Revenue of $216 billion per anum is unprecedented figure!!!!! Annul revenue of Govt of India from all sources is $350-$400 billion and Pakistan is $40-$45 billion!!!!!

Yes of course it's a significant amount of dollars, though all of it's not profit. However, I think comparing it with Govt revenue is vague. Govt don't do business with people and revenue is only collected to be spent in activities which are not for profit but public welfare.

PS: Apple Inc. profit for year 2016 is about $53 Billion and in fact it is huge profit for a corporation with $321 billion worth of asset employed. In terms of return on equity, percentage is much higher because only $128 billion is equity funded.
 
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