January 9, 2007
iPhone is here
Jobs unveiled the iPhone to the public on January 9, 2007, at the Macworld 2007 convention at the Moscone Center in San Francisco. The two initial models, a 4 GB model priced at US$499 and an 8 GB model at US$599 (both requiring a 2-year contract), went on sale in the United States on June 29, 2007, at 6:00 pm local time, while hundreds of customers lined up outside the stores nationwide.
In the US, the iPhone holds the largest share of the smartphone market. As of late 2015, the iPhone had a 43.6% market share, followed by Samsung (27.6%), LG (9.4%), and Motorola (4.8%).
The iPhone’s commercial success has been credited with reshaping the smartphone industry and helping to make Apple one of the world’s most valuable publicly traded companies by 2011. The original iPhone was one of the first phones to use a design featuring a slate format with a touchscreen interface. Almost all modern smartphones have replicated this style of design.