Apple watchers can now see how truly huge the company's iPhone business has become, thanks to a new accounting method the company started using this past quarter.
In less than three years, the iPhone has grown to become Apple's biggest business -- up from zero.
Specifically, during Apple's December quarter, the company reported $5.6 billion of iPhone-related revenue, up 90% year-over-year. That edged out the Mac business ($4.5 billion) and iPod business ($3.4 billion) for the second quarter in a row and the third time ever. It was the first time the iPhone has beat the Mac and iPod businesses by more than $1 billion each.
To read the full, original article click on this link: CHART OF THE DAY: Apple, The iPhone Company
Author: Dan Frommer
