Report: iPhone has generated $150 billion in revenues since June 29th, 2007

Apple’s iPhone turns 5 on Friday. Steve Jobs unveiled the iPhone on June 29th, 2007 and according to research firm Strategy Analytics the iPhone has generated $150 billion (USD) in revenues since its launch. Not too shabby for a product that most manufacturers dismissed (namely Microsoft and RIM). In addition, SA also notes that over the past 5-years Apple has accumulated worldwide shipments of 250,000 iPhones.

Even with all the success the iPhone and App Store has experienced, Neil Mawston, Executive Director at Strategy Analytics, said that “there are emerging signs that the iPhone’s next five years could get tougher. Some mobile operators are becoming concerned about the high level of subsidies they spend on the iPhone, while Samsung is expanding its popular Galaxy portfolio and providing Apple with more credible competition.”

Clearly, one of Apple’s major competitors is Samsung. They are not just battling it out in the courts, but for market share. Samsung is currently the number one smartphone manufuactuer in the world and has no desire to let the position go. Samsung’s flagship Galaxy S devices have amassed millions of sales. The Galaxy S has reached 24 million units sold, and the Samsung Galaxy S II has sold 28 million units. In addition the Galaxy S III is estimated to sell 10 million units by the end of July.

In addition, Apple is going head-to-head with Google’s Android OS. Google recently communicated that they are activating 900,000 Android devices each day. Analysts are also reporting that by the end of this year Google will  own a massive 61% market whereas Apple’s iOS will capture 20.5%.

Source: Bloomberg

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