IPhone at 10: Fascinating Facts About the Apple Phone on its Birthday

10 Years of iPhones: A Look Back at 15 iPhones Which Revolutionized the Smartphone Industry!

Although today's iPhone, now the iPhone 7, stands in stark contrast to Apple's original model, with the latest graphical and processing chips and a resolution that dwarfs its predecessors, the fundamental design philosophy has remained unchanged over the last 10 years.

Perhaps Apple's biggest disruptive impact has been felt in the way we buy and consume music.

As we said at the time, "It's not flawless, but what Apple has got right is so incredibly right that it will change your expectations of gadgets forever". This is according to Loup Ventures' Gene Munster.

"The business model for year one of the iPhone was a disaster", Tony Fadell, one of the Apple developers of the device, told Reuters in an interview on Wednesday. This may lead investors to bail sooner rather than later. With strong sales expected for the tenth anniversary model, fiscal year 2019 iPhone sales may fall short on a year-to-year basis.

Revenue at Apple peaked in fiscal 2015. That $600 would've turned into $5,598 over the course of ten years, counting the stock's soaring rise and, in more recent years, its generous dividends. Apple's top line would go on to decline in fiscal 2016. Augmented reality glasses could offer features that are redundant on an iPhone, allowing users to interact with apps right on their faces without having to pull out an iPhone.

Pushing into wearable spectacles may seem like an odd venue for growth, especially after so many others have stumbled, but Apple hasn't had a problem entering a market that was ripe for disrupting after initial non-Apple flops.

Whilst Apple isn't the first manufacturer to release smartphones, it is considered the major driver to turning these devices into a mass consumer product. Apple's iOS registers 13.7 percent.

Apple expects its second quarter revenue to stand in the range of $43 billion, lower than analyst's expectations for revenue of $45.9 billion. "Apple reinvents the phone", Apple really has come a long way. Let us know in the comments. Regardless of the case, the commemorative edition of the iPhone will bring with it significant breakthroughs to the mobile industry. Today's smartphones are computational Swiss army knives, capable of everything from turn-by-turn driving directions to housing all our work-related documents.

While I used to have no reservations about plunking down for a new device every so often, I'm now more patient.

When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen.

Apple shares spiked 33% in the first five months of this year, supported by its smart capital allocation strategy and the rally in tech stocks.

The author does not own Apple shares. The Motley Fool has a disclosure policy.

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