If Apple was a country, its iPhone business would be the 57th richest on the planet
Jan28
Much of the focus from Apple’s earnings call yesterday was on the fact that, while it may still be breaking its own profit records, iPhone sales are no longer growing at the rate they once were. This quarter’s growth represented a measly 0.4 percent rise from the same time last year, but of course it still sold a record 74.8 million handsets. However, if you look at the bigger picture here, you can see that for its last full fiscal year, revenues for Apple’s iPhone business alone of around $154 billion mean if its handset arm was a country, it’d be the 57th richest nation on the planet.…
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