The iOS empire which recently sold its 1 billionth iPhone could cross the $1 trillion mark this year in terms of revenue generated by iOS. This is according to a report by Asymco’s Horace Dediu. The company is known for its expansive and constantly growing product range. Although the iPhone is actually the product Apple can rely to continually produce staggering revenue.
The intelligence firm says that the iPhone will have sold at least 1.2 billion units in its first 10 years, making it the “most successful product of all-time”.
In its first 10 years, the iPhone will have sold at least 1.2 billion units, making it the most successful product of all time. The iPhone also enabled the iOS empire which includes the iPod touch, the iPad, the Apple Watch and Apple TV whose combined total unit sales will reach 1.75 billion units over 10 years. This total is likely to top 2 billion units by the end of 2018.
The firm also explains that, if current predictions are accurate, revenue from iOS product sales will hit $980 billion around the middle of this year, which is an impressive figure. The intelligence company believes that there is an additional $100 billion in revenue from iOS services to add into that mix, meaning “iOS will have generated over $1 trillion in revenues for Apple sometime this year.”
The report has also provided an insight into the success of iPhone to able to stand the test of time against every “iPhone killer” that comes along. This is due to the fact that Apple’s ecosystem keeps people locked in, as well as the many capabilities of the iPhone and its reputation as being the premium smartphone choice.
In addition, developers building apps for iOS have been paid $60 billion. The rate of payments has now reached $20 billion/yr.
