Apple’s iPhone is such a huge cash generator for the firm that their smartphone alone has bested the global revenue of Microsoft.
The iPhone division would, by itself, become a Fortune 50 company, with its revenue exceeding Microsoft’s over the last four quarters.
It was already known that the iPhone made more revenue than Microsoft during a particular quarter, but to exceed the software giant’s revenue in the duration of four quarters is some feat.
The iPhone made $74.3 billion in revenue for Apple from June 2011 to June, 2012. Microsoft made $73 billion during the same period with their slew of products.
When the next-gen iPhone launches, it’s expected it’ll bring Apple’s share value to $1000 per share, consequently making the company the first ever firm to be valued at $1 trillion.