



The iPhone, as you might expect, is carving out a larger slice of Apple's financial pie, thanks to unit sales that grew 68% and revenue (swelled by deferred revenue dating back to 2007) that grew 266%. The iPhone now accounts for 18.5% of Apple's sales, just behind the iPod, notes Fortune. Other music related products and services also continues to grow at a steady pace and now represents about 11% of Apple's net sales.
Now this doesn't mean that Mac sales are down. Far from it. In its fourth fiscal quarter, Apple sold 3.05 million Macs, a record number and one that beats the previous record by over 440,000 units. Quarterly Mac sales grew 17% year-over-year.
However, iPod sales are being cannibalized by the iPhone. The company sold 10.2 million iPods during its latest fiscal quarter, representing an 8% unit decline from the year-ago quarter. Apple sold 7.4 million iPhones in the quarter, representing 7% unit growth over the year-ago quarter.



