Federica Laricchia
Research expert covering the global consumer technology industry
Get in touch with us nowApple generated over 39 billion U.S. dollars in revenue from iPhone sales in the third quarter of the 2024 financial year.
Apple registered its highest revenue to date in FY 2022, when the company’s revenue stood at over 394 billion U.S. dollars. Apple’s success over the years can be explained by strong brand loyalty, and the constant release of innovative products, updates and features. The iPod, for example, was one of the first successful releases of the company to the consumer market. However, according to industry experts, the increased capacity of smartphones to play and store music led to the decline of digital music devices sales, such as the iPod.
Since its introduction in 2007, Apple’s iPhone has gained space in the market. In the third quarter of Apple's 2024 financial year iPhone sales revenue stood at over 39 billion U.S. dollars. The increase in devices sales had a direct impact on the iPhone’s share of the company’s total revenue. In the beginning of 2009, sales of the iPhone accounted for about 25 percent of Apple’s total revenue. By the third quarter of 2024, this share was at around 45 percent.
Apple’s iPad tablet, the Mac computer and costumer services are important revenue streams as well for Apple. Together, these three revenue streams generated around 38 billion U.S. dollars for the company in the third quarter of the 2024 fiscal year. Other products such as wearables, home, and accessories generated almost eight billion U.S. dollars in the same quarter.
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The statistic on this page is a Premium Statistic and is included in this account.
Professional Account
1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.