The iPhone's Annual Revenue Now Surpasses That of Microsoft, Amazon and Others
During its first weekend following launch, Apple’s newest set of iPhones, the iPhone 5S and iPhone 5C, set a record high for sales, eclipsing the astronomical 9 million units sold mark. Now, according to the company’s last four reported quarter financials, annual sales of the iPhone alone have now eclipsed the sales of Apple’s competitors, among many others.
Microsoft, Target, Home Depot, Goldman Sachs, Amazon, PepsiCo, Comcast, Dell, Google, Pfizer, and UPS, even with impressive sales numbers to boast individually, still sit well below the revenue threshold Apple topples with the iPhone. What’s more impressive is that these numbers don’t even include the revenue brought in by other wildly successful Apple products like the iPad, Mac computers and iTunes. In fact, the iPhone’s sales alone are greater than the sum of all of three of these products, topping out at $88.4 billion in annual revenue for Apple.
This puts the iPhone above 21 companies in the DOW Jones Industrial Average. Out of 30 stocks, it sits pretty as the ninth-largest available.
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