CHART OF THE DAY: The Astounding Growth Of iPhone Profits

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Make no mistake about it, Apple is now the iPhone company.

This chart, based on information from Apple and estimates from our own Henry Blodget, shows how gross profit from the iPhone has exploded since it was introduced in 2007. It basically overshadows profits from all other divisions at Apple.

Blodget estimates gross profits will be $67 billion in 2014, up from an estimated $44 billion this year.

Apple profits per product

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