Bite-sized Insights about
Providing you with data-based insights about things happening around you.
The iPhone accounted for 52.5% of Apple's net sales by product category in 2021
Since launching in 2007, the iPhone has been a key part of Apple's revenue stream. Apple's 2021 annual report shows that net sales for iPhones accounted for over half of the company's total net sales for the year.

iPhone net sales in 2021 peaked at $192b
Apple recorded $191b in net sales from iPhones in 2021, a 39% increase from its 2020 figures. Apple attributed the increase to new iPhone models launched in Q1 and Q4 2021 and a favourable mix of iPhone sales. Here are Apple's iPhone net sales over the years:

The world's top five smartphone companies shipped a combined 70% of the global shipments in 2022
The world’s smartphone companies shipped a combined 1.2 billion smartphones in 2022. Here are the top five.