Telecom Lead America: Apple has generated $150 billion of
cumulative revenues for its iPhone family in the first five years since launch
in June 2007.
A quarter of a billion iPhones have been shipped
cumulatively worldwide, according to Strategy Analytics.
Apple’s first iPhone was launched commercially in the
United States on June 29, 2007. Between June 2007 and June 2012, we estimate
the iPhone family of models has generated $150 billion of cumulative revenues
worldwide for Apple. This is an impressive achievement and it illustrates just
how popular the iPhone has become during the past five years,” said Neil Shah, senior
analyst at Strategy Analytics.
The iPhone portfolio has become a huge generator of cash
and profit for Apple. 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. However, there are emerging signs
that the iPhone’s next five years could get tougher. Some mobile operators are
becoming concerned about the high level of subsidies they spend on the iPhone,
while Samsung is expanding its popular Galaxy portfolio and providing Apple
with more credible competition,” said Neil Mawston, executive director at