Tim Cook holds the billionth iPhone at an employee meeting in Cupertino. “The No. 1 thing is to make sure our products work well with other developers’ kind of products like Pokemon, that’s why you see so many iPhones in the wild chasing Pokemons”.
Advertisement
Ever since the original iPhone was unveiled to the world back in 2007, almost a decade later, Apple can comfortably say it has sold a billion iPhones. IPhone unit sales, which account for most of Apple’s revenue, fell 15 percent to 40.4 million.
Apple’s sales rate in iPhones has undoubtedly been helped by the increase in iPhone sales in crucial markets, such as China. “Thank you to everyone at Apple for helping change the world every day”, he added. The second iPhone fixed numerous original’s problems, adding 3G connectivity, GPS, and an iconic curved plastic body.
Advertisement
However, Cook also said iPhone users are not upgrading their devices to the latest iPhone 6s as they used to do earlier with the latest models. On the other hand, sales in China have slowed, but much of that can be attributed to an overall slowdown in the Chinese economy. In June, Cook said that the fall arrival of iOS 10 will be “the mother of all releases”, but Llamas said the true test for Apple will be how well it executes its next software updates. Throughout 2015, Samsung sold close to 320 million phones, compared to Apple’s 231.5 million, according to data from Strategy Analytics. And not only did Apple reach that goal easily, it quickly became apparent that the iPhone itself was a juggernaut, a once-in-a-lifetime product that would forever change the way we interact with technology. The demand-supply balance for the handset was reached by Apple this month, only after bringing on more manufacturing capacity. When asked about the relevance of their apps in their financial reports and spot in the market, Chief Financial Officer Luca Maestri said “We expect this business will continue to grow”.
