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Apple Inc Revenue from Iphone Sales

Apple Inc Revenue from Sales of iPhone 2007-2018

The following table shows the revenue Apple Inc has generated each year from the sales of iPhones between 2007 and 2018. The sums are in millions.

Year/RevenueIPHONE ($MILLION)
2007$123 M
2008$6,742 M
2009$13,033 M
2010$25,179 M
2011$45,998 M
2012$78,692 M
2013$91,279 M
2014$1,01,991 M
2015$1,55,041 M
2016$1,36,700 M
2017$1,41,319 M
2018$1,64,888 M
Apple

Apple Inc’s revenue from the sales of iPhone rose to 164.9 Billion dollars in 2018 from 141.3 Billion dollars in 2017. Apple sold 217.7 million units  of iPhones in 2018.

(Apple reclassified the data published in its Annual report for 2018 to confirm to its new revenue accounting standard for 2019.)

About Iphone:-

iPhone is Apple’s line of smartphones based on iOS operating system. iPhone includes Siri ® , an intelligent assistant, and Apple Pay, Touch ID® and Face ID® on eligible devices. In September 2018, Apple introduced three new iPhones – iPhone Xs, Xs Max and iPhone XR.

Xs and Xs Max feature a Super Retina™ OLED display, an all-screen stainless steel and glass design, faster processors and enhanced cameras. They were available from September 2018.

iPhone XR features a Liquid Retina™ LCD display in an all screen aluminium and glass design, and was available from October 2018. Apple’s line of smartphones also includes iPhone 8, 8 Plus, 7 and 7 Plus models. iPhone is compatible with the iTunes Store, App Store, Book Store and Apple Music for purchasing, organizing and playing digital content and apps.

Sources:

Apple Annual Reports (form 10K)

Written by Abhijeet Pratap

Abhijeet has been blogging on educational topics and business research since 2016. He graduated with a Hons. in English literature from BRABU and an MBA from the Asia-Pacific Institute of Management, New Delhi. He likes to blog and share his knowledge and research in business management, marketing, literature and other areas with his readers.

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