Daily Data Dive

PYMNTS Daily Data Dive: Apple $1T In Sight

Get ready for some rather large numbers.

This could very well be the year Apple hits $1 trillion in revenue from iOS.

At least 1.2 billion iPhone units have been sold in the last 10 years, and the combined total unit sales of iOS devices — including iPod touch, the iPad, the Apple Watch and Apple TV— will reach 1.75 billion over the same period. The latter group will likely top 2 billion units by the end of 2018.

If current predictions hold, revenue from iOS on product sales should hit $980 billion about halfway through 2017.

There are 17.5 trillion iPhone sessions annually, meaning 48 billion sessions per day.

Apple has also brought in more than $100 billion in terms of sales from its services sector, including apps, subscriptions and media.

$1 trillion+ | Amount Apple’s iOS revenue could hit in late 2017

1.2 billion | iPhone units sold in the last 10 years

1.75 billion | Combined total unit sales of other iOS devices — iPod Touch, iPad, Apple TV, etc.

2 billion | Number of combined iOS unit sales (excluding iPhone) by the end of 2018

$980 billion | Value of iOS product sales by halfway through 2017 if current predictions hold

17.5 trillion | Annual iPhone sessions

48 billion | Daily iPhone sessions

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Featured PYMNTS Study:

More than 63 percent of merchant service providers (MSPs) want to overhaul their core payment processing systems so they can up their value-added services (VAS) game. It’s tough, though, since many of these systems date back to the pre-digital era. In the January 2020 Optimizing Merchant Services Playbook, PYMNTS unpacks what 200 MSPs say is key to delivering the VAS agenda that is critical to their success.

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