Friday will mark the fifth anniversary of the release of Apple’s first iPhone. In those five years, the popular smartphone is estimated to have generated cumulative worldwide revenues of $150 billion.
The first iPhone officially launched on June 29, 2007, making this Friday the official five-year anniversary. Recognizing the milestone, Strategy Analytics on Wednesday offered its latest statistics, noting that Apple has shipped 250 million iPhones cumulatively worldwide, generating $150 billion in cumulative revenues.
“The iPhone portfolio has become a huge generator of cash and profit for Apple,” said Neil Mawston, executive director at Strategy Analytics. “A quarter of a billion iPhones have been shipped cumulatively worldwide in the first five years since launch and Apple reaches its fifth birthday at the top of its game.”
Apple sells more handsets per day than there are babies born on the world. Since the release of the iPhone, Apple’s worldwide brand ranking has sprung from 44th place to #1.
