Apple iPhone release the sale of its one billionth iPhone on Wednesday, milestone for the company as it seeks to keep momentum in a competitive smartphone market.
Chief Executive of Apple Tim cook did the announcement at a staff meeting at the company's California headquarters.
"Most important,world-changing and successful products is iPhone in history," this statement is given by Him.
It's become more than a constant companion. iPhone is indeed an important part of our daily life and make much of what we do throughout the day. Last week we passed another major milestone when we sold the billionth iPhone. we never set out to make most,But we have always set out to make the best product that make a difference.
News a day after Apple reported a drop in iPhone sales over the past quarter,a second straight drop after uninterrupted growth since its introduction in 2007.
40.4 million iPhone has sold in the quarter ending June 25, down 15 percent from a year earlier,highlighting concerns over growth for the iconic smartphone.
The result of which is came out in quarterly that is underscored which is big challenges for Apple,which has built a huge business around the iPhone but is unlikely to see continued growth, due to a saturated smartphone market and increased competition.
Apple has been looking for broaden line and move into service for a more stable revenue base, while keepin users in its ecosystem with offerings such as music, connected car and its Apple watch.

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