Here’s how the iPhone changed Apple in 10 years
The chart below perfectly shows how much impact the launch of the iPhone had on Apple’s position and finances.
When the iPhone was released in 2007, many skeptics did not expect it to be very successful. Many commentators and journalists have wondered if people are willing to spend so much money on the phone? Many other questions were also asked, including does the touch interface really work? and whether people will want to use the device without physical buttons.
We quickly realized that the iPhone turned out to be Apple’s greatest success, making it one of the most profitable and valuable companies.
Ten years later, in 2017, the physical buttons on the phone are out of the question, and smartphones are at the center of most people’s lives in the world.
A chart prepared by Statista illustrates how Apple has changed since the iPhone’s 2007 release, comparing the company’s top financial figures from 2006 to 2016.
source: Statista – How the iPhone Changed Apple in 10 Years