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Consumers to upgrade devices isn easy, and experience improvements will be more subtle as we go forward and are more dependent on AI. TrillionApple is poised to soon become the first to ever hit a US$1 trillion market valuation, but it needs to continue to sell iPhones to do it.During its third quarter earnings report, Apple said it sold more than 41 million iPhones, beating expectations despite a normally sluggish quarter. There wasn a new model released and rumours were heavily swirling about the soon to be announced iPhone 8 and X.The danger of a strategy that iterates on a popular product is that competitors can replicate features and put them into inexpensive phones OnePlus, Xaiomi and Motorola come to mind.Apple has fended them off by bifurcating the iPhone line, offering a less expensive phone for budget conscious consumers, and a phone for the high end market.
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