Apple has now sold three billion iPhones

Core Insights - Apple has sold three billion iPhones since its launch in 2007, with the billionth unit sold in 2016, indicating a consistent growth in popularity over the years [1][2] - Despite strong iPhone sales, Apple has faced challenges in the stock market, falling behind competitors like Nvidia and Microsoft in market valuation [2] - iPhone sales increased by 13% year-over-year, generating $44.6 billion in revenue, which constitutes nearly half of Apple's total revenue of $94 billion for the quarter [3] Sales Performance - The increase in iPhone sales is notable, with a significant revenue contribution to the overall financial performance of the company [3] - The sales surge may be influenced by market fears regarding potential tariff impacts on pricing, which could have driven consumers to purchase iPhones sooner [4]