
March 15, 2014
iPhone Became Apple's Biggest Cash Cow This Year
Apple iPhone has became one of the best device for company which has taken almost 68% of Apple's gross profit in fiscal year 2014. Having this much popularity for iPhone, Apple would be feeling like a king as company's next flagship is about to come out soon. The 4.7 inch iPhone 6 with advance features is all set to release in few months. You will get the good news soon. Apple gross profit is currently ruled by iPhone 5S with 68 %, you can judge what iPhone 6 ( the much anticipated phone ) will contribute in company's gross profit. It is expected that Apple iPhone 6 will be sold for $299 with two-year contract means $100 more compared to iPhone 5S. At such a price point, the highly-anticipated large-screen iPhone could not only boost sales, but also improve Apple's stagnating profit margins. iTunes / Software / Services make about 11% of gross profit , where iPad and Mac makes about 10% and 6% respectively. Below is the detailed Statista Chart which describes about the Apple's estimated gross profit in fiscal year 2014, by product.

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