As Apple (AAPL) unveils the iPhone 16 alongside the new generation of Apple devices, Julie Hyman compares the last decade iPhone revenue with Apple's total...
compares the last decade iPhone revenue with Apple 's total revenue , weighing in on what iPhone sales in a new upgrade cycle could bring to the table.Uh, Apple is still quite reliant on that Apple iPhone revenue.
Of course, we've seen Apple introduce new products of like the watch, for example, and of course, beef up its services business as well, so that now makes up a much larger proportion now as to whether this new iPhone 16 is going to be a big driver of revenue and profitability, for that matter.The base iPhone 16 is probably the best base iPhone they've ever made, which could actually, very interestingly, lead to a stronger cycle for the base model where this is.
Who, You know, long time Apple analyst Munster estimate there are roughly 700 million active iPhones out there.It's part of the reason, uh, Munster and I think Ben there, too, saying some relative optimism because the bull case in part just resting on Listen, the iPhone 16.And and it's whether the Apple Intel that a I offering is gonna be compelling enough.
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