See where Apple's money comes from (infographic)
Apple just scored the largest quarterly corporate profit in the history of mankind, making about $18 billion last quarter, and toppling the largest three-month corporate profit of $16 billion that belonged to the Russian juggernaut Gazprom.
The iPhone line's average selling price was $687 for the quarter, marking a $50 increase from last year, due to the fact that Apple now has the iPhone 6 Plus, whose starting price is a Benjamin higher than the breadwinner. Compare this to Android's ASP of just $254, plus the fact that Apple is now tied with Samsung for the world's largest smartphone maker crown, and you can clearly see why it made $74.6 billion in revenue last quarter.The average price to make and sell an iPhone is still about $220, even with the thorough redesign that the iPhones received, so roughly 200% profit on a handset, and Apple sold a record amount, too. As a result, now Apple has about $178 billion in cash to play with, but the iPhone continues to be its bread-and-butter business, judging from the infographics below, responsible for the lion's 68% share of Apple's revenue, and the vast majority of its net profit.
View Full BioDaniel, a devoted tech writer at PhoneArena since 2010, has been engrossed in mobile technology since the Windows Mobile era. His expertise spans mobile hardware, software, and carrier networks, and he's keenly interested in the future of digital health, car connectivity, and 5G. Beyond his professional pursuits, Daniel finds balance in travel, reading, and exploring new tech innovations, while contemplating the ethical and privacy implications of our digital future.
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