#APPLE CROSSES ACTIVE USERS UPDATE#
#APPLE CROSSES ACTIVE USERS DRIVER#

#APPLE CROSSES ACTIVE USERS DRIVER#

ItвЂ™s pretty clear that the iPhone has been the biggest single driver of AppleвЂ™s growth over the past decade-plus.

How much value (market cap) has Apple produced per day from various milestones to the big trillion-dollar milestone on August 2, 2018? LetвЂ™s take a lookвЂ¦ What I found while researching this subject is that the pace of AppleвЂ™s value creation has actually accelerated as you get closer to the present and the big 13-figure milestone.ДЄpple was founded on April 1, 1976, and itвЂ™s worth $1 trillion today. You would have made a lot more money off your investment, but you wouldвЂ™ve had to wait a lot longer to get there. ThatвЂ™s a pretty impressive return, but some Apple purists would point out that you really should have invested when Apple first went public in 1980. If youвЂ™d bought $65,000 worth of Apple stock on January 9, 2007, the day Steve Jobs announced the launch of the first iPhone, youвЂ™d have wound up with shares worth $1,137,509 (if youвЂ™d reinvested all dividends) when Apple hit the trillion-dollar mark. Some of those millionaires might have even made their fortunes by buying Apple stock some years ago. No big deal, itвЂ™s just asking the combined population of AmericaвЂ™s three largest cities to each chip in a bit more investment capital per person than the average American household earns in a year. If every one of those American millionaires got together to take Apple private, they could do it, if each of them spent about $65,000 to buy AppleвЂ™s shares. ThatвЂ™s roughly as many people as the combined populations of New York City, Chicago and Los Angeles. ThatвЂ™s not too much to ask, right? There are 36 million millionaires in the world today, and about 15.4 million of them live in the United States.

#APPLE CROSSES ACTIVE USERS UPDATE#

Update January 27th, 7:10PM ET: This story has been updated with details on how Apple measures active devices.Apple became the first* company worth $1 trillion on August 2, 2018.ДЇorget a trillion dollars most of us would simply love to be millionaires. But even if fewer iPhones are being put into peopleвЂ™s hands each year, people are evidently hanging on to them for a long time. Analysts have estimated a decline in overall phone shipments and sales in recent years, and Apple hasnвЂ™t been immune to the trend. While sales are up and usage is at an all-time high, Apple has spent the last several years trying to diversify its product line as iPhone unit sales slow. Cook also said that a record-setting number of FaceTime calls were made on Christmas 2020 - a milestone that was certainly helped along by the pandemic keeping many families and friends apart. And the company saw more iPhone вЂњupgradersвЂќ than ever before. iPhones did particularly well during the final quarter of 2020, with sales of $65 billion, another record (though one that was helped by delays pushing iPhone 12 sales fully into the holiday quarter). BNN Bloomberg reported last year that analysts believed Apple would be approaching its 1.9 billionth iPhone sale by the end of 2020, though the company hasnвЂ™t announced if itвЂ™s passed that milestone.ДЄppleвЂ™s announcement came during an enormous quarter for the company, in which it set an all-time revenue record. The stat would suggest that a substantial number of the iPhones ever sold remain in active use, at least by AppleвЂ™s definition. Apple counts a device as active if it has engaged with an Apple service within the past 90 days, a spokesperson told The Verge.

Apple sold its billionth iPhone in 2016, and in January 2019, Apple said that it had hit 900 million active iPhone users. The milestone had been approaching for a while. There are now 1.65 billion Apple devices in active use overall, Tim Cook said during AppleвЂ™s earnings call this afternoon. Apple says there are now more than 1 billion active iPhones, an enormous milestone for the company that speaks to the phonesвЂ™ continued success and longevity.

Apple crosses active users