Apple rejoices with ‘better than expected’ Q3 earnings and sale of ‘billionth’ iPhone

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Apple's first iPhone debuted in the year 2007, and since then the company has risen to become on of the top manufacturers worldwide. In the latest news, Apple's CEO, Tim Cook proudly announced the sale of the billionth iPhone at a company meeting.

Billionth iPhone sold

To celebrate the blazing success of its iPhone lineup, Tim Cook posted a statement on the company website, which reads,"Last week we passed another major milestone when we sold the billionth iPhone. We never set out to make the most, but we’ve always set out to make the best products that make a difference. Thank you to everyone at Apple for helping change the world every day.”

Earlier this year, Apple announced that it has more than 1 billion active devices, but it did not reveal that how many of these are iPhones. The iPhone lineup is the most successful product as it brings almost two-thirds of the total revenue. Also, Apple has got much to celebrate this week as its Q3 earnings have been better than expected. Moreover, the company is now eying upon more sales with its next-generation iPhone 7's launch, which will be done sometime in September.

For what it is worth, Apple did wonders with its iPhone lineup. From being a unique device in 2007 to becoming one of the most popular smartphone brands globally. With everything seemingly right for Apple, we await a power-packed launch of the iPhone 7 in September.

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