Despite fears of sapped inspiration, slowing sales, tariffs and suffocating regulation, Apple is now shining brighter than any other private-sector company in history, as the first with a $1 trillion market value. Apple has sold more than a billion iPhones. Apple shipped 41.3 million iPhones, claiming 12.1 percent of the global market compared to 20.9 percent for Samsung and 15.8 percent for Huawei. The company has managed to notch higher revenues, even when iPhone sales fall shy of expectations due to a trend of Apple making more money off each handset. “The brand still stands for quality product, great design, ease of use and a customer-first approach to technology,” analyst Milanesi said of Apple.

Source: Punch August 02, 2018 16:05 UTC