In spite of a perceived dip in performance during the initial quarter of the year, iPhone sales surged to remarkable heights, propelling tech giant Apple to amass a staggering $1.95 trillion from iPhone sales to date, a recent report revealed.
During the first quarter (Q1) of 2024, Apple shipped 50.1 million of its ever-popular smartphones, five million less than during the same period last year. And so, iPhone sales revenue fell by almost 10 percent, amounting to $45.9 billion, according to information published on the website Stocklytics.com.
Since the inception of the first iPhone, Apple has reaped $78.7 billion from iPhone sales within five years. Subsequently, within two years, by FY 2014, this figure skyrocketed to $101.9 billion and continued its upward trajectory, corroborated by Statista and official company records.
During this biennium, the tech giant grossed over $405 billion from selling iPhones. Well, these numbers were slightly less in the second quarter of FY 2024, but iPhone sales have generally been high.
According to the numbers, Apple sold iPhones valued at $115.6 billion during the first half of FY 2024, which now makes its total revenue a staggering $1.95 trillion.
The report also mentioned that since the launch of these phones in 2007, Apple has sold more than 2.65 billion units.
In 2014, the company sold 192.7 million of its smartphones, which inched up to 231.8 million a decade later.
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