Nearly three quarters of the iPhones that have ever been made by Apple are still in use, according to a report.
(CCM) — More than 700 million iPhones are in use around the world, and that number looks set to rise to one billion within two years, according to an estimate by BMO Capital Markets quoted in a Fortune report. Given that the world's population is about 7 billion that means that one in ten people currently use an Apple device.
Apple claimed that it had sold its billionth iPhone last July, so the estimated figures provide some insight into the proportion of iPhones sold over the last ten years that are still in use. According to Tim Long, the author of the BMO Capital Markets report, about 15% of iPhone owners' smartphones were two or more years old, and that figure seems to be rising. By June 2017 he expects that 33% of iPhones that are still in use will be two or more years old. But Long points out that these phones will have to be replaced eventually, and if the majority of iPhone owners remain loyal to the company that that will provide strong future sales. Apple's tenth anniversary iPhone, the iPhone 8, is expected to go on sale later this year.
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