This release started a trend that showed that Americans preffered bigger and better phones that combined cameras, mp3 players, phones, and much more. Many of the concepts that helped create the iPhone were concepts which were used in the Newton MessagePad which was an early handheld device also created by Apple. (Macworld) One of the reasons that the iPhone was so popular was how easy and simple it was to use. This phone changed the trend of small and sleek phones to large and high functioning handheld computers. Apple has continued the trend of larger and higher functioning handheld computers with the newest addition of the iPhone 6 Plus which is the largest iPhone on the market. This phone features a 5.5 inch Retina High Definition Display and a built-in fingerprint scanner. (Apple) Apple continues to make huge impacts on not only America but on the entire world. One of these impacts is the impact made on the stock market. As I previously stated, Apple’s market capitalization topped $700 billion for the first time in history. The company’s stock has hit multiple record highs lately due mostly to the release of the iPhone 6 and the iPhone 6 Plus. Apple’s stock shares have increased by 21% since it released the first iPhone. (Huddleston) At this point in time, Apple’s market cap is higher than the GDP(Gross Domestic Product) of all the world’s countries but 19, coming just behind Saudi
This release started a trend that showed that Americans preffered bigger and better phones that combined cameras, mp3 players, phones, and much more. Many of the concepts that helped create the iPhone were concepts which were used in the Newton MessagePad which was an early handheld device also created by Apple. (Macworld) One of the reasons that the iPhone was so popular was how easy and simple it was to use. This phone changed the trend of small and sleek phones to large and high functioning handheld computers. Apple has continued the trend of larger and higher functioning handheld computers with the newest addition of the iPhone 6 Plus which is the largest iPhone on the market. This phone features a 5.5 inch Retina High Definition Display and a built-in fingerprint scanner. (Apple) Apple continues to make huge impacts on not only America but on the entire world. One of these impacts is the impact made on the stock market. As I previously stated, Apple’s market capitalization topped $700 billion for the first time in history. The company’s stock has hit multiple record highs lately due mostly to the release of the iPhone 6 and the iPhone 6 Plus. Apple’s stock shares have increased by 21% since it released the first iPhone. (Huddleston) At this point in time, Apple’s market cap is higher than the GDP(Gross Domestic Product) of all the world’s countries but 19, coming just behind Saudi