Apple sells its 500 millionth Apple iPhone

Apple sells its 500 millionth Apple iPhone
Edward Snyder, an analyst at Charter Equity Research, told the New York Times in March 2008 that Apple would have a hard time reaching Steve Jobs' goal of selling 10 million of his new-fangled iPhone device in 2008. Snyder pointed out that Nokia sold more phones in a week than Apple had sold in total up to that point. But Snyder was dead wrong, Steve Jobs was right (12.8 million units were sold in 2008) and Apple has just sold its 500 millionth iPhone.

The 100 millionth Apple iPhone was sold around February 2011, close to four years since the device first went on sale. But just one year later, the iconic smartphone quickly reached 200 million in sales. By then, of course, AT&T had lost its exclusivity. And quickly, before the end of 2012, the sales total reached 300 million.

The 400 millionth Apple iPhone was rung up in July 2013 and it is estimated that the 500 millionth iPhone was purchased on March 8th. Closing in on the ripe old age of 7, the Apple iPhone is still a force to be reckoned with. The last 100 million in sales took 2 to 6 weeks less to reach than the previous 100 million units did.

As for the 600 millionth iPhone to be sold, this milestone is expected to take place around the end of Apple's current fiscal year.


source: Forbes

FEATURED VIDEO

20 Comments

1. hafini_27

Posts: 951; Member since: Oct 31, 2013

Well, congratulations Apple!

17. appleDOESNT.com

Posts: 456; Member since: Nov 19, 2011

500 millionth iPhone to the same 75 million iFollowers, Ya not all that impressive now is it!

18. TBomb

Posts: 1578; Member since: Dec 28, 2012

I was just thinking the same thing... ***ASSUMING*** this was a straight line graph... 7 years to reach 500milllion with a 2 year upgrade... would make it 3.5 contracts per person. 500million divided by 3.5 = would be roughly 142million people. That a little under half the US population... or all of Russia. Large by itself... but not compared to the 7billion in the world.

20. appleDOESNT.com

Posts: 456; Member since: Nov 19, 2011

i put it at 75million because of broken iphones that get reactivated and iClan that buy ipones yearly

2. AnukulVcool unregistered

Feel good for apple

3. PapaSmurf

Posts: 10457; Member since: May 14, 2012

One of the most iconic phones in history deserves the fame. Nice work.

4. xperiaDROID

Posts: 5629; Member since: Mar 08, 2013

Congratulations Apple!

13. Arte-8800

Posts: 4562; Member since: Mar 13, 2014

limited again.....where and what did you say what to who? another weeks vacation by PA....

5. darkkjedii

Posts: 31323; Member since: Feb 05, 2011

Not bad Apple, 500,000,000 is sweet.

6. androiphone20

Posts: 1654; Member since: Jul 10, 2013

way to go Apple

7. ajac09

Posts: 1482; Member since: Sep 30, 2009

500 million feature phones sold!

14. Arte-8800

Posts: 4562; Member since: Mar 13, 2014

LMAO, but true subpar midrange phone with a highend price, sure stamping a logo on it and make it a highend. but well must give credit to them, well done..

8. Scott93274

Posts: 6040; Member since: Aug 06, 2013

That's some impressive growth. I'm hearing that the Smart phone market is maturing though so I wonder how long before sales taper off.

9. alterecho

Posts: 1106; Member since: Feb 23, 2012

The phone that redefined phones and modern computing.

10. Kishin

Posts: 706; Member since: May 30, 2013

That's more iPhones than people in US!!!

11. edmundzea

Posts: 7; Member since: Sep 10, 2012

not fan but well done , eeer

15. Arte-8800

Posts: 4562; Member since: Mar 13, 2014

me to not a fan but have a macbook air and had a ip5 but sold it, it was nice to pose and show and felt trendy.

12. Anshulonweb

Posts: 468; Member since: Feb 07, 2014

I am an android fan.....but gonna admit that iPhone is one hell of a smartphone....

16. 1ceTr0n

Posts: 549; Member since: May 20, 2012

Thats pretty farking impressive any way you look at it.

19. kindlefireowner

Posts: 504; Member since: Dec 05, 2011

Business 101. Make a product that people want to buy. Then sell as many of them as possible, at full price. Fandroids never understand that selling smartphones is a business.

Latest Stories

This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at https://www.parsintl.com/phonearena or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit https://www.parsintl.com/ for samples and additional information.