Apple Seems To Be More Dependent On iPhone Sales Than On Anything Else

The tech company has come out to be more dependent on the sales of iPhone's than of any other gadget which has surprised the analysts.

Apple Inc is all set to make some massive releases in the coming month and the industry cannot seem to stop talking about all the new updates and gadget the software firm could be preparing to launch. For the past couple of weeks, the firm seems to be in the news continuously for first launching a smart Apple watch amidst criticism and encouragement from analysts and then the much talked about Apple Music service which also managed to attract a lot of attention through the celebrities and music artists who have signed up to put up their music on the app.

Apple is reportedly planning to launch a newer version of Apple TV as well but analysts believe that even though so many updates and new gadgets are up in line, it will turn out to be surprising that the Californian Company seems to be dependent more on the iPhone sales than on sales of any other gadget being sold by the giant. The tech company is also rumored to be building up an electric vehicle but the equity firms still think that the dominance of iPhone's in the firm is a little too hard to ignore and overcome. The dependency of the Mac makers on the smart phone is a little surprising for the analysts, given how there are so many new projects in line which could end up returning a huge amount of revenue too.

The fact that Apple business has received a colossal boost since the first time it launched the iPhones cannot be overlooked. The iPod makers have been making computers, laptops and music players too but the revenue it has received from the smart phones is more than that coming from all the gadgets combined. This is one of the major reasons why the tech firm cannot depend on any other gadget as much as it can depend on the phones. However, analysts believe that if the firm is introducing new projects and gadgets in the market, it should look towards monetizing those products as well and not just focus entirely on the iPhone's.

As per the reports, Apple management is all set to hold an event on September 9, which is also one of the most talked about event of the year. The CEO of the firm will be announcing new updates for many of its gadget and the most anticipated one seems to be the release of iPhone 6s, which is rumored to be taking place on the same day.