How Much Richer Would You Be Today If You Invested In the First iPhone?

By | September 12, 2017

How much richer would you have been today if you had had the foresight to see the immense potential of having the internet in your pocket, at the start of 2007 when Apple promised just that (and delivered) with the launch of the first iPhone? Here are some facts about the iPhone and how it changed Apple.

  • The first iPhone was revealed by Steve Jobs on January 9th 2007 – ten years ago.
  • It went on sale on June 29th 2007.
  • The iPhone 2G in 2007 had a 3.5″ screen, 16GB storage and an 8-hour battery.
  • The iPhone 7 Plus in 2016 had a 5.5″ screen, 256GB storage and a 21 hour battery.
  • Revenue from the device was $6.7 billion in 2008, and $136.7 billion in 2016.
  • iPhones now make up 64% of Apple’s total revenue.
  • Since June 29th 2007, Apple’s market capitalization ha grown from $104 to $760 billion.
  • It has grown in that time from the 26th largest company on the S&P to the 1st.
  • Shares of Apple have soared 744% since the release of the first iPhone in 2007.
  • Apple has sold over 1.2 billion iPhones over the last 10 years.
  • It is expected to sell over 241 million iPhones in 2018.

Yes, you’d be seriously rich! Read the original article/video at : http://fortune.com/2017/09/11/iphone-8-apple-stock-release/

Today’s unveiling of the latest iPhone – the iPhone X – could be as momentous to the fortunes of Apple as that day in 2007 when the first iPhone was released.  This is because the iPhone X is expected to usher in the era of augmented reality – an industry that could eventually be worth over a trillion dollars and likely replace the iPhone itself.  To give some perspective, one ‘AR’ (not even true AR) game last year – Pokeman Go – generated hundreds of millions of dollars in mobile revenue.

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