iPhone has generated $150 billion for Apple

Exactly five years ago this week, Apple’s iPhone took the smartphone world by storm. Before the iPhone, RIM’s BlackBerry and Microsoft’s Windows Mobile dominated the smartphone world, and both devices featured small screens with big keyboard geared toward the enterprise. With the iPhone, Apple delivered a device for everyone, with a 3.5″ fully touch screen display and sleek design. And boy did it ever take off.

Research firm Strategy Analytics¬†took a look back on Apple’s 5 years in the smartphone market, and offered some statistics to help ring in the iPhone’s birthday. Since its launch on June 29th, 2007, Apple has sold over 250 million iPhones worldwide, generating a staggering $150 billion in revenue, helping Apple become the most valuable company on the planet today, with a valuation of over $500 billion. An infographic from VoucherCodes.co.uk points out that there are more iPhones sold than children born every day.

In a recent earnings call, Apple announced that it had sold 360 million iPhones, iPod Touch, and iPad devices, and the number is only expected to grow as more and more people enter the smartphone and tablet markets. Despite some analysts projecting Apple’s market share falling at the expense of Windows Phone, we believe Apple will achieve even greater successes in the years to come.

 

Happy 5th birthday, iPhone, and what a cash cow you turned out to be.

[via Apple Insider, VoucherCodes]

  • Anonymous

    I can’t imagine this many uneducated people walking around using apple products. They are so clueless it’s ashame.

    • Anonymous

      …says the “uneducated person” who doesn’t know the difference between their, they’re, and there. Says the “uneducated person” who told me rooting was for “2plus year old devices” while owning an Evo 4G, and then a few months later droned on and on about how you were “looking into” rooting your (then) “legendary” Evo 3D, and then your “pimp slapping” Galaxy Nexus. Says the “uneducated person” who told me I have a Samsung Moment (a CDMA phone) on Simple Mobile (an HSPA carrier) when the phone was only ever offered on Sprint. Says the “uneducated person” who goes around saying “your a barf bag” to people who simply disagree with you. Yeah, you’re soooo educated.

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