Analysts believe that revenue will be higherAppleThe company’s annual conference reached $400 billion this year, thanks to the “iPhone 16” series of phones and artificial intelligence services that are expected to be launched at the company’s annual conference on September 9.
Counterpoint Research, a market research firm, expected Apple’s main device product lines to see growth this year, after last year’s revenue saw a year-over-year decline, according to a website “Apple”.9 to 5 sons“.
This record is expected to be driven by growth in the hardware and services sectors. After a decline in 2023, Apple’s hardware revenue is expected to grow 3% year over year this year.
All major device categories, such as iPhones and MacBooks, are also likely to drive this growth supported by expected new releases, and service revenue will continue to grow, reaching the highest levels in 2025, exceeding $ 100 billion for the first time.
While service revenue has become increasingly important to Apple, the company still generates 75% of its revenue from hardware.
Counterpoint Research Director Tarun Pathak said Apple’s AI benefits will be key in driving new device sales.
Pathak said: “In terms of growth rates, and now with the advent of Apple Intelligence, the services sector is looking very exciting and key in driving growth, as they contribute three-quarters of Apple’s global entry.
Wow, $400 billion in revenue from the iPhone 16? Apple is really out here breaking records and wallets! This article gives a fascinating look at just how influential the iPhone remains in the tech world and Apple’s bottom line.
It’s incredible to see how the company continues to innovate and keep consumers hooked. Whether it’s the rumored cutting-edge features or the sleek design updates, Apple knows how to generate that buzz and make every release feel like a must-have event.
What’s also interesting is how this projection underscores the global demand for premium smartphones. Even with competition heating up, Apple’s ability to command such a massive share of the market speaks volumes about its brand loyalty and ecosystem.
If the iPhone 16 delivers on expectations, it’s not just a win for Apple but also a testament to how tech can continue evolving and exciting consumers year after year. Time to start saving up, I guess!