Apple announced its financial report for fiscal Q3 2025 this morning and Tim Cook confirmed that more than 3 billion iPhones have been sold since it was launched in 2007. This announcement is interesting because Apple has not disclosed iPhone sales figures for a long time, only revealing the revenue generated.
The iPhone reached 1 billion sales in July 2016. This means that Apple has managed to sell an average of 222 million iPhones per year over a period of 9 years to reach the 3 billion mark. Despite this new sales figure, the financial report reveals the challenges that Apple will face in the near future. Trump's tariffs have caused an $800 million increase in costs on products imported into the United States.
Apple has moved manufacturing for the American market from China to India, but Trump imposed a 25% tariff on India yesterday. Trump wants Apple and the world's major smartphone manufacturers to move manufacturing back to America if they do not want to be subject to tariffs.