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Derek Thompson

Derek Thompson - Derek Thompson is a senior editor at The Atlantic, where he oversees business coverage for the website.
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He is a visiting research fellow at the Committee for a Responsible Federal Budget at the New America Foundation. Derek has also written for Slate, BusinessWeek, and the Daily Beast. He has appeared as a guest on radio and television networks, including NPR, the BBC, CNBC, and MSNBC.

5 Years Ago, iPhones and iPads Didn't Exist, and Now They're 75% of Apple

By Derek Thompson
Jan 24 2012, 6:11 PM ET Comment

chart of the day, apple quarterly revenue by product, jan 24 2012

At the end of 2006, the iPhone didn't exist. Five years later, Apple is in the phone business, and iPhones accounted for more than half of the company's earth-shattering $46 billion in revenue and $13 billion in profit over the last 14 weeks of 2011.

Business Insider posts this fantastic chart above. It's a real clip-and-saver, but the most striking learning for me is how fast this company switched from being a computer and music company to a phone and tablet company. In September 2006, the vast majority of Apple revenue came from two sources: Mac computers and the iPod. Today, even with "all-time record Mac sales," Apple makes nearly 75% of its money selling iPads and iPhones.


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