In January 2007, Apple unveiled the first iPhone. Though we didn’t know it at the time, that 3.5-inch phone ushered in the smartphone era, and changed the face of Apple.
During the holiday quarter of 2006, Apple’s revenue amounted to $7.1 billion. Of that, $3.4 billion was generated by the iPod. Eight years later, seven out of every 10 products Apple sells is an iPhone. During its most recent quarter, Apple’s revenue was $74.6 billion, with a net profit of $18 billion. Sales numbers for the once mighty iPod are now buried in the “other products” category on Apple’s financial reports.
Here’s a look back at some other impressive Apple milestones that have occurred since the first iPhone was announced:
Jan. 9, 2007
Apple Computer, Inc. becomes Apple, Inc. since the company was no longer focused solely on computers. They also used the event to announce the iPhone.
June 29, 2007
The first iPhone goes on sale.
July 10, 2008
The App Store opens, offering third-party developers a way to sell their products for use on the iPhone/iPod touch, and eventually, the iPad.
Apr. 3, 2010
The first-generation iPad is launched in the U.S. Apple would sell 500,000 units before the end of the first week.
Oct. 5, 2011
At 56, Steve Jobs dies. In August, he had resigned as Apple CEO and was replaced by Tim Cook.
Dec. 19, 2013
Apple releases the second-generation Mac Pro. The cylindrical device takes up about one eighth the volume of previous models.
Sept. 9, 2014
In a one-two punch, Apple unveils the Apple Watch and 5.5-inch iPhone 6 Plus. The 4.7-inch iPhone 6 is also introduced.
Jan. 27, 2015
In the first quarter of fiscal year 2015, Apple reported revenue of $74.6 billion and a net profit of $18 billion, making it the best quarter ever for the company.
The monster earnings were driven in large part by record sales of the iPhone with 74.5 million handsets sold.
The first new product of the Cook era, the Apple Watch, is expected to be released. Could this change the face of Apple once again?