Apple is nearing $1 trillion in iOS revenue

Apple is on pace to generate a cumulative $1 trillion in revenue from iOS-related products since the company introduced its first such device, the iPhone, in 2007, according to one analyst.

Apple’s total sales of iOS-based hardware like the iPhone and iPad, as well as from software like its cut of app sales through its App Store, will reach the milestone this year, Asymco analyst Horace Dediu wrote in a blog post on Wednesday.