28/07/2016 8:30 AM IST | Updated 28/07/2016 9:35 AM IST

Apple Has Sold A Billion iPhones Now

An iPhone is cool. You know what's cooler? A billion iPhones.

Adnan Abidi / Reuters

Apple CEO Tim Cook announced yesterday that the company has now sold a billion iPhones. Company's former CEO Steve Jobs launched the first iPhone in 2007. In 9 years Apple has launched 13 different models of the phone.

The Cupertino-based smartphone maker announced their Q3 results yesterday. After the results, Cook scheduled an employee meeting and announced the milestone.

"iPhone has become one of the most important, world-changing and successful products in history. It's become more than a constant companion. iPhone is truly an essential part of our daily life and enables much of what we do throughout the day," said Cook.


"Last week we passed another major milestone when we sold the billionth iPhone. We never set out to make the most, but we've always set out to make the best products that make a difference. Thank you to everyone at Apple for helping change the world every day," he added.

Apple's Q3 results were very satisfactory as the generated revenue was above the expectation of the analysts. Because of that the company's share rose 7%. The company also improved in the services segment where they earned $6 billion.

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During the earnings call, Cook highlighted India as one of the fastest growing countries. He also said that the company will soon open their own stores in the country.

The company is expected to launch next version of the iPhone in September. Reports suggest that the phone is going to be called iPhone 6SE instead of iPhone 7 as per the convention. Earlier it was reported that the next iPhone will ditch the 16 GB model and will start from the 32 GB model. It will also have no headphone jack and an improved camera.