• Source:JND
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iPhones are among the most-desired Apple products which fans wish to buy from the company's catalogue. The sale of the premium handsets has helped the company gross roughly $1.65 trillion in revenue in the past decade, according to AltIndex's data. For context, 2023 was a significant year for the iPhone when it dethroned Samsung to emerge as the most-used smartphone across the globe.

The company dispatched 235 million iPhones in the world, and 35 per cent of smartphone users had an iPhone in 2023. This has helped the company register massive growth in sales as revenue touched new heights. Ever since its introduction in 2007, the iPhone's share in revenue has been expanding due to its competitive user experience and acts as a mark of classy appeal.

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The share of iPhone in Apple's revenue was about one-fourth in 2009, which expanded to 58 per cent in the first quarter of US fiscal year 2024. Speaking of sold devices, Apple moved from 153.4 million in 2013 to 235 million last year, a 53 per cent spike. AltIndex cited data from Apple and Statista to claim that the yearly sales revenue doubled in ten years.

In the US financial year of 2023, the revenue from iPhones grossed $200.5 billion. (Image:Unsplash)

In the 2014 financial year, Apple grossed $101.9 billion from the sale of iPhones. Mid-way, through 2018, these figures were $166.2 billion. After a slump in revenue induced by the pandemic, the revenue recovered in the 2021 fiscal year and managed to breach double-century ($205.4 billion) in the US financial year of 2022. In the financial year of 2023, the revenue grossed $200.5 billion.

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While the revenue has witnessed a slight dip, in the first quarter of FY 2024, it is all set to reach $70 billion. All these combined pushed Apple's revenue from iPhones to roughly $1.65 trillion. For comparison, while iPhone shipments touched 235 million in 2023 to reach 2.3 billion sales in the last 10 years, Samsung managed to ship 800 million more handsets during the stated period.