In Case You Had Any Doubts About Where Apple’s Revenue Comes From
Apple’s iPhone business, which didn’t exist three years ago, now represents a whopping 40% of the company’s revenue, and has been the company’s biggest revenue generator for three quarters in a row. During the March quarter, iPhone revenue grew 124% year-over-year to $5.4 billion, or 40% of Apple’s $13.5 billion in total revenue. Because of…
