CNBC December 16, 2019
Kif Leswing

KEY POINTS
  • In the last 10 years, Apple’s iPhone has transformed from a niche product for early adopters to a dominant economic force.
  • Apple sold at least 1.4 billion iPhones during the decade, according to its official sales figures, and probably closer to 1.6 billion units after this year’s estimates are added.
  • The last 10 years could be viewed as the iPhone decade — when smartphones went mainstream, created billion-dollar corporations, rearranged existing industries and changed the world.

My iPhone is the first thing I see in the morning, after its alarm wakes me up. It’s often the last thing I see at night, when I check a few emails or play...

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