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Apple Quietly Sells Its 500 Millionth iPhone
As documented in its quarterly earnings reports over the years, Apple reported total sales of 472 million iPhones between the device's 2007 launch and the end of 2013. With analyst estimates of over 38 million units for the current quarter ending in just a few days, the company has undoubtedly already sold its 500 millionth iPhone, a milestone that passed without mention from the Cupertino company, notes Forbes.
Even though Apple didn't announce the 500 million iPhone milestone, it is not without significance. Quarterly iPhone sales continue to rise consistently on a year-over-year basis, with the company selling a record 51 million iPhones in fiscal Q1 2014, up from 47.8 million in the same time period in the prior year.
These next few quarters may see a slump in iPhone sales as Apple gears up for a possible fall launch of the iPhone 6. Apple's upcoming iPhone 6 is widely rumored to include a larger display, which could encourage a significant number of users to upgrade in 2014 and cause another spike in sales later this year.
The consensus would have placed the milestone sale around March 8 given that entering the quarter Apple had sold 472 million iPhones. So even if it proves a bit high as it did last quarter, we’ve crossed the point where it’s safe to assume that Apple has sold 500 million smartphones in less than 7 years. And the most recent 100 million took somewhere between 2-6 weeks less than the previous 100 million did.Apple is known for celebrating notable milestones, changing its homepage for the 30th anniversary of the Mac and setting up countdowns on its website for App Store milestones. The company reached the 50 billion app download milestone in May 2013 and awarded a $10,000 iTunes Store gift card to the person who downloaded the 50 billionth app.
Even though Apple didn't announce the 500 million iPhone milestone, it is not without significance. Quarterly iPhone sales continue to rise consistently on a year-over-year basis, with the company selling a record 51 million iPhones in fiscal Q1 2014, up from 47.8 million in the same time period in the prior year.
These next few quarters may see a slump in iPhone sales as Apple gears up for a possible fall launch of the iPhone 6. Apple's upcoming iPhone 6 is widely rumored to include a larger display, which could encourage a significant number of users to upgrade in 2014 and cause another spike in sales later this year.
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Top Rated Comments
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64 months ago
Apple employee, whispers: Thank you for your purchase, have a great day
Customer: What?
Apple employee, whispers: enjoy your phone
Customer: I can't hear you, speak up.
Customer: What?
Apple employee, whispers: enjoy your phone
Customer: I can't hear you, speak up.
64 months ago
When are the going to start that.
Define best, as for me the iPhone is not it.
Apple makes what it wants, THEN persuades you that what you want.
As opposed to most other things, where companies make items and you choose what you want.
So you're saying that Apple somehow brainwashed people to buy 500 MILLION phones that they really didn't want?
Amazing!
64 months ago
Apple makes what it wants, THEN persuades you that what you want.
As opposed to most other things, where companies make items and you choose what you want.
True that..But you see I like it that way.
In the same way I want to buy a painting from an artist inspiration, rather than my naive non-artistic idea of what a painting should be.
In the same way I want to buy car from a company who values design and engineering above marketing and gimmicks that caters to the naive masses.
Do good and passionate work, and people will respond in kind.
64 months ago
When are the going to start that.
Define best, as for me the iPhone is not it.
Apple makes what it wants, THEN persuades you that what you want.
As opposed to most other things, where companies make items and you choose what you want.
And to think I thought I had the WHOLE phone marketplace to choose from when I bought my iPhone. That Apple gun to my head must have been really small for me not to notice :roll eyes:
Or maybe they brainwashed me by making products I can reliably count on to do what they are designed to do so I can extrapolate that experience to inform my future tech purchases. BASTARDS!
64 months ago
When are the going to start that.
Define best, as for me the iPhone is not it.
Apple makes what it wants, THEN persuades you that what you want.
As opposed to most other things, where companies make items and you choose what you want.
Funny thing is; "most" other things are crap. And the rest are usually simply "less than they could be".
But, bon appétit...
64 months ago
When are the going to start that.
Define best, as for me the iPhone is not it.
Apple makes what it wants, THEN persuades you that what you want.
As opposed to most other things, where companies make items and you choose what you want.
"...companies make items and you choose what you want" That's exactly how iPhones get sold too.
Why is it so hard to accept that some people (well, with 500 million sold a lot of people) think iPhones are the best phone?
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