Apple reaches 500 million iPhone sales

Apple iPhone 5sApple's 500 millionth iPhone was just sold, marking a huge milestone for the Cupertino-based tech giant.

It's funny to think that Edward Snyder, an analyst at Charter Equity Research, said that there was no way Apple would sell 10 million iPhones in its first year. He was proven wrong, however, when Apple went on to sell 12.8 million of their iconic smartphones in 2008.

Apple reaches 500 million iPhone sales

The rest is history, with sales making exponential increases throughout the years. Many analysts believe that the 600 million mark will be reached before the end of 2014. If reports of 5c price cuts are to be believed, then Apple should have no problem reaching that number.

Anyone think that Apple's momentum will continue?

Source: GSMArena

Tags: Apple, iPhone, smartphones

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