Five years after launch: Apple sold 250M iPhones, accounting for $150B in revenue
According to a report from research firm Strategy Analytics, covering its Global Handset Shipments Forecast for Q2 2012, the company provided insight about the number of iPhones Apple has sold since the device’s launch five years ago on June 29, 2007. The report estimated that Apple sold 250 million iPhones, which accounts for $150 billion in revenue:
“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.”
At its Q2 earnings report, Apple announced it sold 35.1 million iPhones during the last quarter, with 365 million iOS device sales to date.