Apple has sold 500 million iPhones since launch in 2007

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While all the talks have surrounded the Android flagships like the Sony Xperia Z2, the Samsung Galaxy S5 and the HTC One (M8), Apple has gone about doing its business as usual. This month, the Cupertino-based company sold its 500 millionth iPhone, Forbes reports.

Since its launch in 2007, Apple took a long time to reach 100 million (four years), but from then on it has picked up pace and how. 200 million was reached a year later in February 2012 and 300 million was crossed in the same year itself. In 2013 Apple crossed the 400 million mark, which means it has sold a massive 100 million devices in the past eight months. When you consider that the iPhone 5C has been a failure of sorts and that the high-end smartphone market is saturated, you realize the scale of Apple’s achievement.

Market analysts now expect Apple to sell 600 million iPhones by the end of the fiscal year and reach the sacred 1 billion mark before 2017. With all eyes on Apple unveiling a 6-inch phablet later this year, Apple could be in for another huge holiday season.

Apple has been surprisingly subdued in its celebrations, considering it likes to mark the occasions like the 50 billionth App Store download and the 30th anniversary of the Mac.


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Source:
Forbes