The iPhone went on sale ten years ago and changed the world in a way few gadgets have done before, turning Apple Inc into the most valuable company in the world.
Since June 29, 2007 when it official went on sale, Apple has sold more than 1.2 billion units of the smartphone. The Wall Street Journal calculated that’s more units sold than Mattel Barbie dolls, Zippo lighters or Sony Playstations.
Apple CEO at the time Steve Jobs described it as a “revolutionary product that changes everything” and a “breakthrough internet communication device.” Although the original iPhone had 4GB storage, no App Store and was only available on one wireless network – Cingular, it changed the world we live in, Telegraph reported.
Without iPhone there wouldn’t be GPS – not even the original iPhone had it, it was included in iPhone 3G version the following year, threaded text messages, selfies – thanks to the iPhone 4 that had front-facing camera.
The iPhone is also “responsible” for batteries that last only one day due to the array of sensors and processes, as well as smartphones now being barely used for phone calls, but widely used to text, email or tweet. Then there is the horror of autocorrect as the touchscreen killed the physical keyboard for good.
The humble app is behind the success of the iPhone and has spawned hundreds of major companies from Instagram to Uber, Telegraph wrote. In five years, the app economy will be worth $6.3 trillion, according to a report from App Annie. What is interesting is that, although Apple has die-hard fans who will continue to count down to the likely release of the next iPhone in September, the company still doesn’t have the biggest market share. Apple had a 13.7% market share in the first quarter of this year, compared to Samsung’s 20.7 percent. When it comes to operating system, Apple’s iOS has 13.7% while Android, which runs on many lower cost smartphones, has an 86.1% market share, NBC reported.