50% Of Apple's Revenue Now Comes From The iPhone

Greg Kumparak

Greg Kumparak is the Mobile Editor at Techcrunch. Greg has been writing for the TechCrunch network since May of 2008. Greg was born just outside of San Jose, and now lives in the East Bay of California. → Learn More

Wednesday, April 20th, 2011

Over the last 3 months (December 26th, 2010 – March 26th, 2011), Apple pulled in a grand total of 24.6 billion dollars. Now, how much of that do you think is from the iPhone? 10%? 25%?

Get this: 50%. Yep. According to Apple’s latest earning report, an entire half of Apple’s quarterly revenue is coming in from the iPhone and iPhone-related products.

As we mentioned earlier, Apple sold 18.65 million iPhones last quarter. This works out to roughly 12.3 billion dollars in revenue — or 50% — for the iPhone division alone.

Of course, its worth mentioning that these numbers aren’t based on just iPhone hardware — it also includes “Related Products and Services”. According to a footnote in Apple’s report, this is defined as revenue from “carrier agreements, services, and Apple-branded and third-party iPhone accessories.” It does not, however, include revenue from the App Store (that’s categorized as iTunes revenue), iPod touches, or iPads.

To dive back into old data for a second, the iPhone is getting more and more important with each quarter. In fiscal Q4 2010, the iPhone accounted for roughly 33%. In Q1 2011, it was 39%. If you’re looking for a reason as to why Apple is getting increasingly bullish about protecting the iPhone, that ought to do it.

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