Apple Has Sold 1.2 Billion iPhones Worth $738 Billion In 10 Years
Statista says that Apple has now sold 1.2 billion iPhones as the phone celebrates its 10th birthday. Using information from Apple, Statista also says that the firm probably just hit that number and it estimates the iPhone has brought in a staggering $738bn over the decade too. What’s more, the profit is good too at an estimated $100bn over the iPhone’s life so far.
Not only has the iPhone been incredibly popular and made a lot of money, but it’s also made Apple a huge global company where previously it was a well-off, but much smaller firm. Apple’s still capable of commanding a high margin for high quality devices and the public loves it, allowing Apple to sit on a $256bn cash pile.
According to the stats Apple hit 100m units in 2011, 200m in 2012, 500m in 2014 and 1bn in 2016.
That 1.2bn figure is pretty staggering, but if you average sales over the lifespan of the decade you can get a taste for what an achievement this is (especially considering how quickly the firm has gone from zero units to over a billion).
328,767 phones per day
2,301,369 phones per week
9,863,010 phones per month
119,671,188 phones per year
It’s really hard to break down the sales of each iPhone generation. As a rule, Apple announces sales as a total, so in a year where both the iPhone SE, 6 and 6+ would be sold with the 7 and 7+ it gets pretty hard to work out how it all breaks down. Roughly speaking though (and it’s very rough):
iPhone: 6.1m
iPhone 3G: 15m
iPhone 3GS: 30.1m
iPhone 4: 94.8m
iPhone 4S: 98.1m
iPhone 5: 143.4m
iPhone 5S, 5C: 163.7m
iPhone 6, 6+: 222.4m (3G – iPhone 6 figures from Statista)
So what’s in the next decade for Apple? Well, India for one thing. There are a billion people there to start selling phones to, and another billion in China. The Indian challenge might be harder as Apple isn’t well known there, but the firm has recently started making a variant of the iPhone SE in the country, for sale locally, which will no doubt help a great deal.
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Source:-Â https://www.forbes.com/sites/ianmorris/2017/06/29/apple-has-sold-1-2-billion-iphones-worth-738-billion-in-10-years/#13ed13781a18
