INFOGRAPHIC: Incredible growth of the iPhone business
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!
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.