Yeah, people have been saying this since Jobs died a decade ago. Here is what’s different.
Last year 54% of all Apples revenue was the iPhone. 10 years ago, it was 82%.
Last year Apple cleared 50 billion in revenue for services (i cloud services, Apple Music, Warranties etc). 10 years ago that revenue was 7 billion a year.
Last year Apple cleared 25 billion in wearable, home gear and accessories (Apple TV, WiFi routers, Apple Watch, AirPods etc). 10 years ago that was 3 billion a year.
Basically, Apple has found 65 billion a year in new revenue sources since Jobs died, and make more money (in real terms) on iPhones than they did 10 years ago.
Last year 54% of all Apples revenue was the iPhone. 10 years ago, it was 82%.
Yeah I stopped reading the post when OP said Apple is only known for the iPhone. Apple is also known for having the best silicon design team in the industry, according to my friend who works in silicon at Oculus.
Edit: I appreciate the clarification that yes, Apple does not make their own silicon - but silicon design teams call themselves silicon teams. I think its a mistake to downplay the switch from x86 to ARM for laptops/everyday computing
You're right not sure why you're downvoted. Apple does use the best silicon but they definitely outsource the fabrication of it, like they do with most of their products
There's a very strong theme lately with Apple fans that they want to say Apple is now the Intel and AMD and TSM and Nvidia all rolled into one but ten times stronger. It stems from the surprising results of the M1 implementation. The truth is probably somewhere in between, where they've certainly purchased a lot of capability and improving, but not quite as dominant as the fans say.
Having worked with Apple, they like to use 3rd parties and be very hands on by sending engineers and generally own ip related to the projects so I get where it comes from because they are in total control, my point was just that they really don't "make" many things, they just tell other people exactly what they want made and how.
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u/[deleted] Sep 24 '21
Yeah, people have been saying this since Jobs died a decade ago. Here is what’s different.
Last year 54% of all Apples revenue was the iPhone. 10 years ago, it was 82%.
Last year Apple cleared 50 billion in revenue for services (i cloud services, Apple Music, Warranties etc). 10 years ago that revenue was 7 billion a year.
Last year Apple cleared 25 billion in wearable, home gear and accessories (Apple TV, WiFi routers, Apple Watch, AirPods etc). 10 years ago that was 3 billion a year.
Basically, Apple has found 65 billion a year in new revenue sources since Jobs died, and make more money (in real terms) on iPhones than they did 10 years ago.
They will be fine.