Apple’s Estimated Annual Revenue From The iPhone Shows Why The Company Might Never Succeed With A Different ‘Home Run’ Product Launch Ever Again

Apple generates more than $200 billion from iPhone sales

The four quarters of Apple’s fiscal 2024 were largely dominated by iPhone revenue, with this category either making up half of the total figure, exceeding half, or just narrowly missing the mark. In other words, the technology giant’s flagship handsets have established themselves as the catalyst for why Apple is worth more than a trillion dollars today, but there is also a downside to this level of success. A report states that iPhone sales are dropping, and there will not be another hit product like this, meaning that Apple has to strategize accordingly to further increase its cash flow. Apple […]

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