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The first generation iPhone went on sale on the 29th of June 2007. At the time some Steve Jobs haters said it was all just hype, but people lined up outside Apple Stores to get their hands on this new, ground-breaking device.
That was 15 years ago. Despite the rave reviews back then, it was hard to predict how huge the impact of the iPhone would be, on the smartphone market, people's lives and Apple's business.
The iPhone has easily become the most successful product in modern history. Since its inception, the iPhone has racked up over $1.5 trillion in sales, almost single-handedly making Apple the most profitable and valuable company of all-time. Yes, a GOAT!
This quick video shows how iPhone sales compare to the total sales of large multinationals going back to 2007. The iPhone is bigger than companies like Microsoft, General Motors, and JP Morgan. What's even more impressive is that the iPhone is bigger than Disney, Nike, Coca-Cola, and McDonald's combined. No wonder it's hard to replicate this kind of success!
