INFOGRAPHIC: Incredible Growth of iPhone Business | ICT Business | TechBuzz

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INFOGRAPHIC: Incredible growth of the iPhone business


Photo: Wikipedia
When Steve Jobs introduced the original iPhone in 2007, it was known that it would be a success for Apple, but few could have hoped that it would be on such a scale. It was exciting, original, innovative, but to be so dominant… Difficult!

Now, 15 years later, the situation is such that Apple generates more revenue from iPhone sales alone than many companies when they add up all their products and services. More specifically, in 2021, the iPhone earned 191.97 billion US dollars, and Microsoft in its entirety 168.09 billion!

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It makes an even bigger difference if they scratch further. Verizon generated $133.61 billion in revenue last year, General Motors $127 billion, JPMorgan Chase $121.65 billion, Procter & Gamble $76.12 billion.

Disney ($67.42 billion), Nike ($44.54 billion), Coca-Cola ($38.66 billion), and McDonald’s ($23.22 billion) together generated less revenue than the iPhone alone!

Throughout history, the iPhone has generated more than $1.5 trillion for Apple, which is currently worth nearly $2.1 trillion.

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