Apple Crosses 1 Billion Active iPhone Users
According to CEO Tim Cook, there are now more than 1 billion iPhones being used by customers around the world. The new milestone comes as the company earned over $100 billion in a single quarter for the first time in the company's history. 9to5Mac reports: Cook shared the new milestone in an earnings-focused interview with Reuters. The new metric is part of an overall increase of active devices around the world, reaching 1.65 billion compared to 1.5 billion this time last year: "Apple Chief Executive Officer Tim Cook told Reuters in an interview that the company now has an active installed base of 1.65 billion devices, compared with 1.5 billion devices a year ago. Cook also said Apple now has an installed base of more than 1 billion iPhones, an increase over the 900 million the company most recently disclosed in 2019." In the interview, he cites Apple's growth opportunity in China as a source of the company's success: "'We had two of the top three selling smartphones in urban China,' Cook told Reuters in an interview, adding that many of the company's other products and services also sold well. Cook said that Apple gained iPhone sales in China both from customers switching from rival Android devices as well as existing customers upgrading devices, but said 'upgraders in particular set an all-time record in China.'"
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