In half a decade’s time, Apple has sold a quarter of a billion iPhones and generated $150 billion in sales, a new report from a research firm reveals.
Strategy Analytics says that their latest research says that cumulative revenues for sales of iPhones for the past five years now total $150 billion on 250 million iPhones sold.
“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 US$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,” Strategy Analytics Senior Analyst Niel Shah said in a statement.
“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,” Strategy Analytics Executive Director Neil Mawston said.
“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,” the executive warned, however.
Apple is expected to reveal the newest model in its range of iPhones sometime this coming October.
Image from Yutaka Tsutano on Flickr (CC)