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Finally Apple Sold Its Billionth iPhone


Finally Apple Sold Its Billionth iPhone

Apple has sold fewer iPhones in the last two-quarters than it did last year, but it's still retailing plenty of them. On Wednesday Apple CEO Tim Cook declared at an employee meeting in Cupertino, California, that the company has sold one billion iPhones since the launch of the original device back in 2007. 

"iPhone has become one of the most important, world-changing and successful products in history. It's become more than a constant companion. IPhone is truly an essential part of our daily life and enables much of what we do throughout the day," Cook said in a statement.

Latest slump aside, the iPhone's astronomical growth rate means that practically half of those iPhones have been sold in the last two years; about 472 million of those phones were sold between Q3 of 2014 and Q3 of 2016.

For his part, Cook believes the iPhone's slump to be temporary, and he has responsible the year-over-year drop in the unusually high number of upgraders who believed an iPhone 6 after it came out—the 6 and 6 Plus were Apple's first large-screened phones and there was a lot of pent-up demand. New iPhones are due in the fall, and we'll need to wait till then to see if new models can start again the phone's steady growth.


"We never set out to make the most, but we've always set out to make the best products that make a difference. Thank you to everyone at Apple for helping change the world every day," Cook said.
Apple declined to comment on where the phone was sold.

“iPhone has become one of the most important, world-changing, and successful products in history,” said Apple CEO Tim Cook in a statement. “It’s become more than a constant companion. iPhone is truly an essential part of our daily life and enables much of what we do throughout the day.”

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