Apple has sold three billion iPhones since the product was launched in 2007, Apple CEO Tim Cook said during the company’s second quarter income call on Thursday.
Apple took nine years to sell the Arabian iPhone, a milestone for the company reached In 2016. This means that Apple sold two billion between 2016 and now-it also marking the growing popularity of a period-product-product-product.
While Apple sold three billion iPhones, the company has struggled a bit in the stock market this year, as the technical giant fell behind the NVidia and Microsoft as the most valuable businesses in the market. So perhaps a big reason for the celebration in Apple is that iPhone sales were strong This quarter is more than expected.
According to the information shared on the earnings call, the sale of the iPhone, Apple’s most popular product, is 13% year-to-year, which generates revenue of $ 44.6 billion. This is about half of the entire company total revenue The quarter, which reached $ 94 billion.
This may be utteric temporary in the sales of iPhone, though. Apple expert and Bloomberg Managing Editor Mark Gurman said that the company sold more iPhones in the last quarter, which sells more iPhones than the possibility that the tariff schemes of President Trump will increase prices in the United States.
