Apple’s iPhone Sales Soar to $1.95 Trillion Despite Q1 Decline

Featured & Cover Apple's iPhone Sales Soar to $1 95 Trillion Despite Q1 Decline

Despite a slight decline in the first quarter of 2024, Apple’s lifetime iPhone sales have reached staggering heights, with total revenues surpassing $1.95 trillion, according to a new report released on Wednesday.

In Q1 2024, Apple shipped 50.1 million iPhones, a decrease of five million units compared to the same period last year. Consequently, iPhone sales revenue dropped by nearly 10%, amounting to $45.9 billion, as per data from

Five years after the launch of the first iPhone, Apple had generated $78.7 billion in iPhone sales. By fiscal year (FY) 2014, this figure had surged to $101.9 billion, continuing to climb steadily based on Statista and official company reports.

Over the course of two years, Apple accrued more than $405 billion from iPhone sales. Although revenue figures dipped slightly in Q2 FY 2024, iPhone sales have remained robust.

In H1 FY 2024 alone, Apple earned $115.6 billion from iPhone sales, pushing its cumulative revenue from iPhone sales to an impressive $1.95 trillion.

The report also highlighted that over 2.65 billion iPhones have been shipped since their initial launch in 2007. In 2014, Apple shipped 192.7 million iPhones. A decade later, this number had risen to 231.8 million.

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