Phnom Penh (FN), Feb. 16 – When Apple introduced the iPhone in 2007, Steve Jobs labeled it a “revolutionary product”. That same year, the phone represented just 0.5% of the company’s total revenue. Today, it corresponds to over half of it.

Initially sold exclusively through AT&T for $499, it has since become the company’s most profitable product and one of the world’s most popular phones, with over 2.3 billion units sold and a user base of over 1.5 billion active users.

In 2015, the iPhone’s share of Apple product revenue peaked at 66%, coinciding with the release of the iPhone 6.

See original: Voronoiapp (https://www.visualcapitalist.com/charted-apples-product-revenue-2007-2023/)
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