3 ms·
Sorry for being ignorant, but I suck at reading numbers. Especially the comma confuses me as a European. Do I read correctly that Apple turned over more 40 bill
by radiojasper 4y ago
Sorry for being ignorant, but I suck at reading numbers. Especially the comma confuses me as a European. Do I read correctly that Apple turned over more 40 billion USD on iPhone sales this quarter alone?
- Jtsummers 4y agoYes.
- radiojasper 4y agoin-freaking-sane. Thanks, I feel very small now.
- lotsofpulp 4y agoHence the $2.5T market cap.
- selectodude 4y ago$40bn is the end of cycle number too. It’s over $70bn for the quarter after they drop a new one.
- saagarjha 4y agoThat is correct.
- layer8 4y agoThey sold 240 million iPhones in 2021. They basically sell almost a million iPhones per business day, on average.
- radiojasper 4y agoBaffling, really. Those numbers are ridiculous.
- layer8 4y agoIf iPhone owners buy a new iPhone every 2.5 years, then it corresponds to a total of 600 million iPhone owners worldwide, or 7.5 % of the world’s population. The numbers aren’t that baffling when you consider the size of the market.