Apple Marks 10 Year Anniversary of the iPhone

Janie Parker
June 30, 2017

The devices are water resistant and feature the most advanced processors Apple has ever included in its phones. People offered to sell their spots in line for hundreds of dollars.

These days we no more buy a standalone Global Positioning System device, thanks to the iPhone.

It was the kind of dramatic frenzy any tech company would have killed for, and that Apple specializes in manufacturing.

Like another leaked "dummy", this supposed iPhone 8 is on par with the lengthy list of rumors we've previously covered, including those sort of major aesthetic changes like an even bigger screen (probably without a home button) and a vertical rear-facing camera. It sold more than 50 million iPhones in the first three months of 2017 alone, bringing in $33.2 billion.

Two years after Apple launched the iPhone, the camera was upgraded for video as well. Engineers and marketing executives alike anxious the new device would kill the iPod market that had driven Apple's corporate resurgence for five years.

All of the specs have been radically improved over the years, from the chip to the camera resolution. Think of how often you use Uber or Lyft to get a ride, or a running app or Apple's HealthKit to track your health and fitness goals. Be that as it may, there's a third in progress, which could be known as the iPhone 8 or iPhone X that could convey real updates.

Cuomo calls lawmakers back to Albany for NYC schools issue
Governor Andrew Cuomo has railed against the Faso-Collins amendment, saying it will create a "Faso-Collins Federal Tax". Governor Cuomo sends off Franklin Delano Roosevelt Packard at the New York State Museum on March 28, 2017.


IBD'S TAKE: For the latest on Apple stock, visit IBD's news page Apple (AAPL) Stock Quotes, Company News And Chart Analysis. Apple says developers around the world have earned more than $16 billion.

Its revenues, particularly from the iPhone segment, are not growing at the faster pace compared to recent periods, creating a question mark on the company's potential to sustain the share price rally. Really though, this was just an excuse that I swallowed to hide that I didn't have enough money to buy an iPhone.

Not all the disruption has been in Apple's favor. Packer spent four days camping outside the 5th Avenue Apple Store to be the first to get his hands on the smartphone, alongside a sign asking passersby for donations. "Yes because people walk around like this all the time.instead of looking up and discovering things on their own". And after 10 years, it's become restless.

Its many new features, while cool, seemed unnecessary and unproven.

He said the next industries it could push forward are augmented reality and voice interfaces, places where other companies are already doing more work.

A decade after launching into a market largely occupied by BlackBerry and Microsoft devices, the iPhone now competes chiefly with phones running Google's Android software, which is distributed to Samsung Electronics 005930.KS and other manufacturers around the world. They were the first phones to support LTE-Advanced networks and also Apple's new 3D Touch displays, which allowed users to press into the screen a bit more to find additional menu information.

Other reports by TheDailyFarc

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