Apple just sold its 1 billionth iPhone as the iPhone 7 launch nears

Apple CEO Tim Cook announced during an employee meeting that the company sold its 1 billionth iPhone last week, an accomplishment that was quickly shared by Apple on its website."iPhone has become one of the most important, world-changing and successful products in history," Cook said. "iPhone is truly an essential part of our daily life and enables much of what we do throughout the day."Although iPhone sales continue to fall, the upcoming iPhone 7 could help bring Apple back from its smartphone