Six Years On, Apple’s iPhone Still Shines as iPod Slowly Fades
Six years ago today, Steve Jobs unveiled the revolutionary iPhone at the Macworld convention in San Francisco on January 9, 2007. “Every once in a while, a revolutionary product comes along that changes everything,” stated Jobs according to CNBC. “Apple’s (NASDAQ:AAPL) been very fortunate — it’s been able to introduce a few of these into the world.”
The touchscreen-enabled iPhone was an unprecedented success and forever changed the mobile phone industry. However, as noted by CNBC, the rise of the iPhone matched a corresponding decline in Apple’s iPod sales. According to data from SEC filings compiled by CNBC, Apple’s iPod sales have slipped almost 49 percent since fiscal year 2007.
Meanwhile, sales of the iPhone have jumped from 1.4 million units in fiscal 2007 to approximately 150.3 million units in fiscal 2013. According to Apple’s fourth-quarter earnings report, the California-based company sold 33.8 million iPhones in the September quarter, setting a new record for fiscal fourth quarter iPhone sales.