Despite a slight dip in sales during the first quarter of 2024, Apple’s lifetime iPhone sales have reached an impressive $1.95 trillion. While smartphone shipments and sales revenue declined in Q1, Apple’s long-term success in the iPhone market is evident from the significant revenue growth since the first iPhone’s release in 2007. With over 2.65 billion iPhones shipped globally, Apple continues to lead the smartphone industry.
Results for: Technology Industry
CNBC’s Deirdre Bosa provides insights into the upcoming mega cap tech earnings season, highlighting key metrics, analyst expectations, and potential market impact.