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 successful product ever, consistently driving significant revenue for the Cupertino-based tech giant over the years, thanks to the considerable hype surrounding each new generation of these phones.

This fact has consistently been supported by numerous reports. However, a recent report by AltIndex now reveals that Apple has generated a staggering $1.65 trillion exclusively from iPhone sales in the last decade.

In 2023, Apple sold 235 million units, compared to 153.4 million in 2013, reflecting a noteworthy 53% increase. 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 surprise, considering how Apple beat Samsung to claim the leading position in global smartphone market share. In 2023, Apple surpassed Samsung to become the world’s top smartphone vendor in terms of market share, as per data from the International Data Corporation (IDC), marking the first change in the top spot in over a decade.

This development is the direct consequence of its increased shipments across various quarters. In the fourth quarter of 2023, Apple shipped a total of 80.5 million iPhone units, representing an 11.6% year-over-year increase.

IDC further claimed that Apple’s growth primarily stems from its rising popularity in emerging 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 said.