The Apple Beat: The iPhone reaches 1 Billion units sold
Wednesday, July 27, 2016 at 10:47PM 
By Gadjo Cardenas Sevilla
Apple's iPhone has reached a major milestone. The company has confirmed that there have been 1 billion iPhones sold.
“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," Apple CEO Tim Cook said earlier today.
This achievement is rare in consumer technology, most specially in mobile phones since manufacturers usually launch various new models each year. The iPhone has been, Apple's singular mobile handset since 2007 and really represents one product that has been painstaikingly refined and iterated on a yearly basis.