Technology
Apple’s iPhone sales this year are poised to be the biggest in company history
Apple reported the strongest third quarter in its history Tuesday. And despite the smartphone market at a relative standstill, the company is poised to have its biggest year in iPhone revenue yet.
As this chart from Statista shows, Apple’s revenue will reach a whopping $129.5 billion by the end of its third quarter, surpassing the previous nine-month record of $122.8 billion in 2015. Last year’s release of the iPhone X, its first iPhone to retail at a starting price of $999, could be a contributing factor to the company’s success this fiscal year.
Worth noting: Despite Apple’s successful year, Chinese smartphone maker Huawei has caught up: It recently passed Apple as the second largest manufacturer of smartphones in the world.
Shayanne Gal/Business Insider
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