Since then the company's valuation has soared mainly on the back of its flagship device and on Monday, the 10th anniversary of the device's unveiling, the company hit a fresh 52-week high. Call it iPhone hype with no actual iPhone.
But when Jobs touted the iPhone in 2007 as "revolutionary mobile phone" and a "breakthrough internet communications device" its hard to image he could have predicted just how much the iPhone would changed the way we live, play and interact with others--let alone catch Pokemon or do our taxes.
Since the release of the original iPhone, there have been 11 generations of the iPhone, each equipped with new and engaging features (both software and software) amid slight tweaks to the overall look of the phone.
In upgrades to both software and hardware the company has launched and made common place features like Touch ID, the front-facing camera, geotagging, the App store and Apple. It's set industry standards for smartphone-making competitors like Samsung, Alphabet's (GOOGL) - Get Report Google, Amazon (AMZN) - Get Report and other phone-makers who have tried, albeit relatively unsuccessfully, to offer lower price options to capture market share.
On the 10th anniversary of the iPhone, Apple CEO Tim Cook said in a statement that "the best is yet to come" depicting a future for the Cupertino, Calif., company to continue to dominate the collective psyche when it comes to smaartphone.
What better time to take a look at the history of the iPhone and the many times its helped us upgrade our lives either personally, financially or just as another means for entertainment. So, here we are to take a look back at the iPhone through its first decade of existence.
Shares of Apple, a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio, hit a new 52-week high on Monday, after Morgan Stanley named the company as its "Top Hardware Pick for 2017." Shares topped out at $119.43 Monday settling to a close of $118.99 per share, up about a percent on the day.