Worldwide cellphone sales are running at about 1 billion units a year, and Jobs noted that if Apple took a 1 percent market share in 2008, that would mean the company would sell 10 million iPhones.
The debut of the iPhone poses a challenge to other handset makers such as Motorola Inc. and Nokia, who are also selling highly profitable high-end "smart phones."
AT&T, the biggest U.S. phone company, is also hoping the iPhone's draw will give it an edge over rivals such as Verizon Communications Inc., and Sprint Nextel Corp.
|Here's The Code To Receive 'The Sims 2...||30|
|Verizon Warns Unlimited 4G LTE Customers...||24|
|Silent Power 'Copper Foam' Cooled PC...||17|
|Stanford Researchers Claim They Found...||16|
|In Bad Need of a New Revenue Stream,...||15|
|Crytek USA Collapses, Sells Game IP to...||13|
|The Facebook Messenger Transition...||11|