AWT News Update: July 27, 2016

Image of one-billionth iPhone via Apple

Image of one-billionth iPhone via Apple

A reason for celebration, a reason for hesitation, a reason for anticipation and a really good reason to join Team AWT today

  • Over one billion sold!
  • Apple's the number two smartphone manufacturer
  • LG Display goes all-in on OLED displays, possibly for future iPhones
  • We give you another good reason to join Team AWT

The text version of the podcast can be read below. To listen to the podcast here, click the play button on the player below.

Text Version

Hi, this is Steve Sande for Apple World Today, and this is the AWT News Update for July 27, 2016.

July 27, 2016 will be a day to remember for Apple employees. A little over 9 years after the first iPhones went on sale, the company today announced that it has sold one billion of the devices. To quote Tim Cook at an employee event in Cupertino, California this morning, “iPhone has become one of the most important, world-changing and successful products in history. It's become more than a constant companion. iPhone is truly an essential part of our daily life and enables much of what we do throughout the day. Last week we passed another major milestone when we sold the billionth iPhone. We never set out to make the most, but we’ve always set out to make the best products that make a difference. Thank you to everyone at Apple for helping change the world every day.” The sales numbers are truly amazing when you think that only 3.7 million of the devices were sold in 2007.

Still, with that good news comes a little humility, as even after selling a whopping 40.4 million iPhones in the June quarter of 2016, Apple is only in second place in the smartphone market. The company lost out to Samsung, which sold almost double the number of handsets worldwide, and is also seeing significant competition from local vendors in both China and India. Samsung may have actually lost a little money on sales of its Galaxy S7, as it gave away free Gear VR headsets with a good number of those devices.

We’ve mentioned Korean display manufacturer LG Display in previous editions of the AWT News Update. The company is vying for more orders from Apple as a display provider, and today LG Display announced plans to spend almost 2 trillion won — that’s about $1.75 billion — on a new production line for flexible Organic LEDs. OLEDs require less power to run and have other advantages, and it is thought that next year’s iPhone may use edge to edge OLED incorporating both TouchID and camera components for an ultra-sleek design. Samsung is currently expected to be the first big supplier of OLEDs for Apple, but by 2018 LG Display could have enough production capacity to become a secondary supplier to the company.

If you’re not a member of Team AWT yet, we have a reason for you to sign up today. Apple World Today will be announcing a giveaway this week of a Drobo 5Dt RAID array with five 2TB drives. This is a super fast RAID box with twin Thunderbolt 2 ports, 128GB of SSD cache, and it’s expandable as drive capacities grow. The giveaway will be announced soon and the prize is worth almost $1200. Join Team AWT for just $5 per month and you’ll be eligible not only to receive all of the extras that come along with membership, but get into this giveaway.

That’s all for today; We’ll be back tomorrow afternoon with another edition of the AWT News Update.