Apple has reached a major milestone with 3 billion iPhones sold since 2007. The billionth iPhone was sold in 2016, and between 2016 and now, an additional 2 billion have been sold. The recent quarter showed a 13% increase in iPhone sales year-over-year, contributing $44.6 billion to Apple's total revenue of $94 billion. Despite strong sales, Apple has faced challenges in the stock market, overshadowed by competitors Nvidia and Microsoft. Market speculations about tariff impacts may have influenced recent purchasing trends among consumers.
Apple has sold 3 billion iPhones since the product was launched in 2007. It took the company nine years to sell the billionth iPhone, reached in 2016.
IPhone sales are up 13% year-over-year, generating $44.6 billion in revenue this quarter, which is nearly half of Apple's total revenue.
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