Happy birthday: Apple's iPhone turns 10June 29, 2017 - 10:24 AMT PanARMENIAN.Net - Apple Inc's iPhone turns 10 this week, evoking memories of a rocky start for the device that ended up doing most to start the smartphone revolution and stirring interest in where it will go from here, Reuters reports. Apple has sold more than 1 billion iPhones since June 29, 2007, but the first iPhone, which launched without an App Store and was restricted to the AT&T Inc network, was limited compared to today's version. After sluggish initial sales, Apple slashed the price to spur holiday sales that year. "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, June 29. "We pivoted and figured it out in year two." The very concept of the iPhone came as a surprise to some of Apple's suppliers a decade ago, even though Apple, led by CEO Steve Jobs, had already expanded beyond computers with the iPod. "We still have the voicemail from Steve Jobs when he called the CEO and founder here," said David Bairstow at Skyhook, the company that supplied location technology to early iPhones. "He thought he was being pranked by someone in the office and it took him two days to call Steve Jobs back." The iPhone hit its stride in 2008 when Apple introduced the App Store, which allowed developers to make and distribute their mobile applications with Apple taking a cut of any revenue. Ten years later, services revenue is a crucial area of growth for Apple, bringing in $24.3 billion in revenue last year. Related links: Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Ameriabank's Trade Finance portfolio enriched with four prestigious awards from EBRD and IFC Ameriabank received the awards from international financial institutions in recognition of its trade finance operations. Armenian Economy Minister to make trip to UAE May 20-22 A delegation led by Minister of Economy Gevorg Papoyan will travel to the UAE capital of Abu Dhabi on May 20-22 Armenia Security Council chief traveling to Qatar Secretary of the Security Council of Armenia Armen Grigoryan will travel on a working visit to Qatar. Pillars installed in Armenian border village of Kirants In the Armenian village of Kirants, three border markers have been installed, and border guards stand next to them. |