Of the smartphone users in the United States, it is estimated that approximately half use Apple’s iPhone as their product of choice and that number has continued to grow over the years.Īpple iPhone Smartphone Market Share (Statista)Īpple has capitalized on their easy access to consumers through smart devices by establishing a robust ecosystem, including its App Store and services like Apple Music and iCloud, that has created a substantial recurring revenue stream. With a track record of innovation, relentless customer loyalty, and a diverse product portfolio, Apple has solidified its position as an industry leader and has captured the hearts and wallets of consumers worldwide, driving its market cap to unprecedented heights. ( NASDAQ: AAPL), the technology behemoth, has claimed the crown of the world's highest market capitalization ever at $3 trillion plus, a testament to its unwavering dominance in the global market.
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