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In the third quarter of 2. Phones were sold worldwide. In the 2. 01. 6 fiscal year, Apple sold 2. Phones. Considered by many as a revolutionary product, the Apple i. Phone drove growth for the smartphone market. Since its introduction to the consumer market, Apple has released eight generations of the product, along with new features and updates. The i. Phone runs on Apple’s own mobile operating system i.

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OS, the second most popular smartphone operating system in the market. In 2. 01. 6, the i. Phone made Apple the second- largest smartphone vendor in the world, with a global market share of almost 1. In total, Apple has sold more than one billion i. Phones worldwide from 2. In the first quarter of 2.

Phone sales accounted for more than 6. Apple’s total revenue, generating more than 5. U. S. The technology company has achieved this position by combining technical innovation and minimalistic design. Apple’s success translates into strong brand loyalty, as well as into its revenue growth.

In ten years, Apple’s revenue increased from 8 billion U.

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