Business Standard

There are 900 mn active iPhones globally, Apple reveals for the first time

The Cupertino, US-based tech giant has also disclosed a whopping 62.8% gross margin in 'services' business

Apple, iphone

Yuvraj Malik
Apple Inc, which had briefly hovered over the $1-trillion market capitalisation mark, has just revealed that it had about 900 million iPhones in use around the world as of the end of 2018. Of these, 75 million iPhones had come into use since the end of the previous year, the company informed. 

This was the first time that Apple broke down the number of units sold for any of its products. And, Chief Executive Officer Tim Cook said in an earnings conference call early on Wednesday that the company planned to keep up the practice. 

iPhone sales earned Apple $52

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First Published: Jan 30 2019 | 12:11 PM IST

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