iPhone crosses 1 billion sales milestone

Apple has announced that it has sold more than 1 billion iPhones till date, a milestone that was achieved in less than 10 years. The announcement came from none other than CEO Tim Cook during an employee meeting in Cupertino.
"iPhone has become one of the most important, world-changing and successful products in history," said Cook. "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."
This comes shortly after Apple announced its fiscal Q3 results, revealing a drop in overall iPhone sales for the second straight quarter.
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