What is the impact of the iPhone on the mobile market?
MILLIONS of iFans eagerly await the new iPhone,
which is expected to be revealed on September 12th and to go on sale
later this month. Analysts expect it to outsell Samsung's Galaxy SIII,
its nearest rival, which has shifted over 20m units worldwide since its
launch in May. Each new model of the iPhone has sold as many units as
all previous versions combined. Since
the launch of the original iPhone in 2007, it has brought in $150
billion in sales revenue, with $74 billion of that in the past year. The
iPhone is Apple's biggest product, accounting for 53% of the company's
revenue. Indeed, if the iPhone
were spun out as a separate company it would be bigger than Microsoft,
whose revenues were $73 billion last year.
