The projections regarding Apple’s sales and income by the end of this year show that the company can except to earn a total of $192 billion. With the release of the new iPhone model, the iPhone 7, Apple is bound to boost their sales even more in 2015.

Business Insider reports through Piper Jaffray that the biggest earner for Apple is none other than the iPhone, which many expected. Reports say that Apple is sitting on top of a $675 billion business. The handset first introduced in 2007 now earns 60% of Apple’s revenue. Reports also say that Apple will either next year as big as this year, or go beyond this year’s numbers and set new records. The iPhone is set to be the main earner for next year as well, with the Apple laptops and Mac computers acting as supporting devices.

The iPads are predicted as flat growth earners as the consumer target for the tablets already own an earlier model. The new iPhone is expected to drop in the second half of 2015, and many suggest that we will get three models next year. One would be a new 4 inch model that would be optimized for one-handed usage, while the other two are refreshes for the two iPhones released by Apple this year, the 4.7 inch and the 5.5 inch models. Reports also predict that by the end of 2015, Apple would have around 530 million iOS devices running, with 280 million of them activated that year.

There are also optimistic predictions regarding the release of the Apple Watch. It seems like analysts believe that the Apple Watch will manage to receive a release date for the second quarter of 2015 and that out of all of Apple’s customers, 17% of them will get the watch as well. The starting price for the Apple Watch seems to be $350. The younger customers will apparently represent a big earning source for Apple, as out of 7200 youngsters that participated in a survey, and a lot of them are looking forward to upgrade their device although they already have an iPhone device. It is anticipated that Apple will release the new iPhone 7 somewhere around this time next year, like they did with the previous installment of the handset line, more precisely some time as early as September 2015.

Technology Mobile Phones Apple Sells Big, New iPhone 7 To Boost Revenue Even Further