Apple is nearing $1 trillion in iOS revenue
Apple is on pace to generate a cumulative $1 trillion in revenue from iOS-related products since the company introduced its first such device, the iPhone, in 2007, according to one analyst.
Apple’s total sales of iOS-based hardware like the iPhone and iPad, as well as from software like its cut of app sales through its App Store, will reach the milestone this year, Asymco analyst Horace Dediu wrote in a blog post on Wednesday.
He estimates that the iPhone, a device he calls “the most successful product of all time,” along with the iPad, iPod Touch, Apple Watch, and Apple TV, which all use a version of iOS, will combine for $980 billion in cumulative sales by mid-2017, around the time of the iPhone’s 10th anniversary of availability. Add another $100 billion in iOS services revenue, including Apple’s (AAPL, -0.47%) App Store sales and Apple Music subscriptions, and Apple will pass the trillion-dollar-mark for all iOS-related products.
