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iPhone Has Made Apple $150 Billion In Revenue According To Report

1:50 pm June 27, 2012 By Roland Hutchinson

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The iPhone has been a massive success for Apple, the company will unveil its sixth generation iPhone later this year which is expected to be called the iPhone 5, and we suspect Apple never thought that the device would become so popular when the original iPhone was launched back in 2007.

According to a recent report by research firm Strategy Analytics, Apple has generated around $150 billion in revenue with the iPhone since the first device launched in June of 2007.

iPhone 4S

The report also mentions that Apple has shipped more than 250 iPhone’s since the first handset was launched, although Strategy Analytics think things could change over the next five years, as devices from manufacturers like Samsung are becoming more popular.

There are emerging signs that the iPhone’s next five years could get tougher,” analyst Neil Mawston said in an emailed statement. “Some mobile operators are becoming concerned about the high level of subsidies they spend on the iPhone, while Samsung is expanding its popular Galaxy portfolio and providing Apple with more credible competition.”

It will be interesting to see if Apple is top of the smartphone market in five years time, and whether the iPhone will remain as popular as it has been since the original device was launched.

Source TechCrunch

Filed Under: Apple, Apple iPhone, Technology News, Top News

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