iPhone, the most popular high end mobile phone has successfully completed 5 years in the mobile phone industry.
Launched in 2007, the iPhone sales today has reached 218 million units. It has seen 4 upgrades and set new benchmarks each time. The iPhone revenues constitute about 58% of Apple's total revenue.
This takes the total revenue of Apple to $22.7 billion, overtaking the likes of Microsoft, Coca Cola and Walt Disney. Since the introduction of iPhone in 2007, Apple's net worth has catapulted from $106 billion to $536 billionĀ - a whooping 5 fold growth.
What Apple could not make in 12 years between 1995 to 2006, iPhone has made possible in just over 5 years.