BrandArena: Apple Surpasses 1 billion iPhone Sales

Thursday, 28 July 2016

Apple Surpasses 1 billion iPhone Sales

During an employee meeting at the Apple's Cupertino campus, yesterday, the company's CEO Tim Cook announced that the company surpassed the billion phone milestone last week.

According to him, “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,” said Cook. “Last week we passed another major milestone when we sold the billionth iPhone. 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.”

Apple made the milestone announcement after the company released the figures of its third quarter, saying it sold 40.4 million iPhones and generated sales of $42.36 billion.

The original iPhone was introduced on the 29th of June, 2007.

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