“McDonald’s is getting some illustrious company,” David Goldman reports for CNNMoney. “‘Billions served’ might apply to Apple’s signature product as well.”

“Wall Street analysts predict that Apple sold its 1 billionth iPhone on Monday,” Goldman reports. “Between June 29, 2007 — when the iPhone first went on sale — and March 2016, Apple sold 948 million iPhones. That means Apple only had to sell 52 million iPhones over the past four months to reach the billion mark.”

“Analysts polled by FactSet predict that Apple sold 40 million iPhones during the spring, pushing total sales to 988 million by the end of June. They expect Apple to sell 43 million iPhones during the current quarter, or roughly 500,000 per day,” Goldman reports. “If their prediction is on the mark, that means Apple crossed the 1 billion iPhone threshold on Monday.”

Read more in the full article here.

MacDailyNews Take: Boom!

Steve Jobs

SEE ALSO:
Apple has sold over 1.1 billion iOS devices to date (not including iPod touch) – November 16, 2015
Apple to sell billionth iOS device this quarter – October 22, 2014

[Thanks to MacDailyNews Readers “Fred Mertz” and “Dan K.” for the heads up.]