Apple’s iPhone has been such a commercially successful device for the firm that it’s now worth than all of Microsoft.
Yes, you read that right: the iPhone makes more money for Apple than Microsoft makes with its whole corporation.
One Apple product, something that didn’t exist five years ago, has higher sales than everything Microsoft has to offer. More than Windows, Office, Xbox, Bing, Windows Phone, and every other product that Microsoft has created since 1975. In the quarter ended March 31, 2012, iPhone had sales of $22.7 billion; Microsoft Corporation, $17.4 billion.
What’s even more impressive is the fact that the iPhone makes billions in profits for Apple, which arguably wouldn’t be the case with any other firm selling the iOS device.
When the iPhone 5 launches (expected to be September 21st), meanwhile, Apple is expected to become the world’s first trillion dollar company, with the device itself predicted to sell a quarter of a billion units in its lifetime.