In FY 2014, the tech giant grossed $101.9 billion from iPhone sales. Four years later, this figure increased to $166.2 billion, said the report by AltIndex.com. Apple Earned 'USD 1.65 Trillion' From iPhone Sales in Past 10 Years: Report.
Apple's iPhone sales are in trouble, according to analyst Ming-Chi Kuo. He expects a 15% year-over-year decrease in iPhone shipments in 2024. Here’s why.
Wall Street expects the company s latest flagship iPhone 15 to face stiff competition from Samsung s new Galaxy S24 packed with generative artificial intelligence features and a Huawei phone powered by a China-made chip.
"Before the pandemic, Apple s focus was merely on Tier-I or maximum Tier-II markets through its premium resellers and broader regional distributors as bulk of the demand came from and was catered to tier-1 markets which was more than 65-70%," Neil Shah, vice president of Counterpoint Research, told ET.