Apple iPhone has become a rage in the mobile world, and it has transformed the way everyone perceived a humble mobile phone device. In the last decade, it has ruled the smartphone market by innovatively evolving and leaving its counterparts behind.
iPhone the Most Iconic Phone of Last Decade
“iPhone is an iPhone” statement has become a prodigy in itself because when it comes to the best phone in the market, one cannot choose anything else but Apple iPhone. What started as a niche product from the tech giant has evolved as a dominant economic force that drives the tech industry in the present times.
Whopping Number of Units Sold
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More than 1.4 billion iPhones were already sold in the last decade and after this year’s sales are also counted, it can boom to a whopping 1.6 billion units.
A Saga of Success
The first iPhone was released in 2007, and as the decade ends, it has become one of the most intriguing and popular products. iPhone is an institution in itself when it comes to mobile phone technology, and other brands have only drawn inferences from the same to develop competently parallel features. It is indeed an earlier adopter of technology that has changed the way people use phones and increased the horizon of possibilities for mobile phones.
Competition from Android
Though Apple has massively conquered markets, the Android phone indeed stopped its adrenaline rush and brought about a competition that gave some hardship to Apple. Apple did have some struggles with the Android phone manufacturers with the much talked about Apple Samsung litigation.
The Business Savior for Apple
iPhone has been an excellent propeller for Apple’s business as the company became a 1 trillion corporation with its offices across the globe having around 137 thousand employees worldwide.
It was only in 2018 that Apple becomes the first-ever publically traded company to cross 1 trillion market capitalization.
The CEO of Apple Tim Cook told the employees of Apple corp in a memo: Financial returns are simply the result of Apple’s innovation, putting our products and customers first, and always staying true to our values”.
iPhone cannot Grow so Briskly
The company has progressed leaps and bounds as its smartphone has become a statement. People across the world consider the iPhone as a mark of style, sustainability, and tech forwardness.
iPhone innovates itself with every new model it releases. The challenge is that the massively innovative smartphone cannot grow as it did in the last ten years.