The iPhone’s inception took place in 2007, and since then, it has cemented its position as Apple’s primary contributor to the technology giant’s annual revenue. During the company’s Q4 2024 earnings, where it generated $90.75 billion in revenue, the iPhone made up $45.96 billion of the total, or 50.69 percent of the overall figure, highlighting its significance in Apple’s growth. Now, this product line has achieved a new milestone, with the latest statistics revealing that it has reached nearly $2 trillion in lifetime sales. Statistics show that FY 2022 was Apple’s best year for iPhone sales, with the figure estimated […]
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