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

The iPhone unquestionably stands as Apple’s most profitable product ever, constantly driving vital income for the Cupertino-based tech large over time, due to the appreciable hype surrounding every new technology of those telephones.

This reality has constantly been supported by quite a few reviews. However, a latest report by AltIndex 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% enhance. AltIndex reported, “Apple’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.”

These figures come as no shock, contemplating how Apple beat Samsung to say the main place in world smartphone market share. In 2023, Apple surpassed Samsung to turn out to be the world’s high smartphone vendor when it comes to market share, as per knowledge from the International Data Corporation (IDC), marking the primary change within the high spot in over a decade.

This growth 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% year-over-year enhance.

IDC additional claimed that Apple’s development primarily stems from its rising recognition in rising markets. “While 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,” IDC mentioned.