iPhone 5 is the latest smart phone that is launched by the Apple Inc. The first ever iPhone was launched in the year 2007 and since then four models of Apple iPhone were introduced in to smart phone market.
Survey forecasts that more than 218 million iPhones were sold by the end of march 2012. the revenue generated by Apple iphone in first quarter of the year 2012 is $22.6 Billion and it has generated high revenue when compared with top companies like Microsoft, Coco-cola and Walt Disney.
The entire revenue generated by Apple include the iPhone sales, services and their accessories. The launch of iPhone 5 has changed the apple's revenue to a large extent and in first quarter, 58% of total Apple revenue was due to the sales of iPhone 5.
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