Selling 235 million iPhones in 2023, Apple earned USD 1.65 trillion in the last 10 years. The iPhone became the most popular smartphone worldwide in a decade, growing 53%.
According to a new research, iPhone-maker Apple has recorded USD 1.65 trillion in sales over the past decade. The tech giant shipped 235 million iPhones worldwide in 2023, and 35% of users possessed one, helping it set record sales income. Additionally, in 2023, the iPhone became the most popular smartphone worldwide.
According to AltIndex.com, Apple sold 235 million units in 2023, up 53% in a decade. Over the past decade, Apple shipped 2.3 billion iPhones. This period, Samsung, its main competitor, shipped 800 million more handsets.
Since its 2007 launch, the iPhone has been a key product for Apple, with its revenue share expanding, according to the research.
A quarter of Apple’s income came from iPhone sales in Q1 FY 2009. This rose to 58% in Q1 FY 2024.
In the past decade, iPhone sales income has nearly doubled, according to Statista and company data. Apple made $101.9 billion from iPhone sales in FY 2014. AltIndex.com reported $166.2 billion four years later.
After a significant income decline in FY 2019 and FY 2020, when customers worldwide trimmed their spending budgets due to the pandemic, iPhone sales rose almost 40% to $191.9 billion in FY 2021.
Conclusion
A record USD 1.65 trillion in sales income over the past decade, Apple shipped 235 million iPhones worldwide in 2023. The iPhone became the most popular smartphone worldwide with 53% of users. Apple shipped 2.3 billion iPhones, surpassing Samsung’s 800 million. From 2014 to 2021, iPhone sales nearly doubled from $101.9 billion to $166.2 billion. The pandemic also boosted iPhone sales.
