Apple’s money making iPhone, which launched just over five years ago, has been the mobile phone to beat. And it’s obvious from the numbers!
Being one of the top in a niche market is a very good spot for Apple to be in, namely due to the cash flow that comes in from it.
Based on a report filed by Strategy Analytics and pulled from AppleInsider, Apple has shipped over 250 million iPhones cumulatively around the world. All of that shipping has generated over 150 billion dollars in revenue for Apple.
This large number does NOT include the now famous iPad!
“The iPhone portfolio has become a huge generator of cash and profit for Apple,” said Neil Mawston, executive director at Strategy Analytics. He adds, “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.”
Apple is now one of the top smartphone manufacturers in the world because of this. Last quarter alone, the company shipped 35 million iPhones and this number will only grow as the iPhone 5 is sure to hit this fall.
Stay tuned for more of the madness that makes us here at Geekfori, Apple Fanboys!
Are you one of the folks who gave Apple their hard earned cash? I have a few different times!