According to the analysis of Asymco founder Horace Dediu, tech-giant Apple has already generate an impressive revenue through iOS devices, mainly iPhones. This massive income can be broadly classified into two parts– $980 billion generated from Apple devices and the rest $100 billion from its services including apps and app content sale. Thus, Apple has done a commendable business, compared to other technology providers in the market.
Keeping this aside, Horace loosely predicts that the company is set to generate $1 trillion in cumulative revenue from the iOS system, by the middle of this year. Horace’s prediction is based on the fact that Apple has largely achieved a significant share of income of the Android devices. Moreover, they’re not famous for their hardware, but the software devices and the services running thereon.
Thus, the Apple cloud can effectively infuse client-designed software with their data to give them an upper edge over other providers. Based on the market research reports, Dediu assumed that Apple will have sold around 1.2 billion iPhones in its first 10 years. However, the estimates excludes payouts made to iOS app developers (that is around $60 billion) and the payments made to Apple employees (that is around $20 billion per year).
Dediu also considered the secure nature of Apple’s ecosystem, its longevity, resilience and robust features compared to other iPhone killers. The fact that most Android users are more likely to switch to the Apple cloud also adds to Apple’s credibility.
In short, it’s not the ‘big bang’, but the process of constant betterment that will help Apple grow and reap the benefits of its hard work in this decade. To top it, introduction on smart and sophisticated accessories like Apple Pencil, AirPods, smartwatch and wearables will add to its growth. Thus, with the seamless integration of more cutting-edge devices, Apple can make surplus money from its cloud-based services in the near future.