Friday, September 04, 2015

The IPhone Company - Bloomberg Business

Check the full article for some charts of Apple's transformation over the last decade; also see Benedict Evans on How Both Apple and Google Are Winning the Smartphone Wars (Video) (Re/code)
"It's a dilemma any CEO would love to have: The iPhone generated $102 billion in sales in Apple's last fiscal year, more than Google, Facebook, and Twitter's annual revenue combined.
To put in perspective how large the iPhone business has become, look at the car market Apple has been exploring whether to enter. According to Benedict Evans, a research analyst and partner at venture capital firm Andreesen Horowitz, the premium car market, which includes Mercedes-Benz, BMW, Audi, and Lexus, generates about $220 billion in annual revenue. "For comparison," he wrote on Aug. 21, "iPhone revenue in the last 12 months was $146.6 billion.""
The IPhone Company - Bloomberg Business
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