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The iPhone has come a long way since it debuted in 2007 as a no-keyboard, AT&T only and (for the time) expensive phone option.

According to company data from 2016:

  • The billionth iPhone was sold last July.
  • Apple has more than 2 million apps available, and they have been downloaded more than 140 billion times.
  • The apps have paid out around $50 billion in revenue to developers.
  • Apple music has over 17 million subscribers and has posted more than 30 million songs.

That era is in danger: In December, the Nikkei Asian Review reported that Apple slashed iPhone 6 production due to accumulated inventory, and lowered production of the new iPhone 7 by 20%. Apple will trim iPhone sales by 10% in the first quarter of 2017, according to Nikkei.

What's next: As iPhone growth slows, Apple knows it needs to keep innovating to stay relevant — such as with artificial intelligence — where rivals Amazon and Google are making big strides.

Go deeper

Biden explains justification for Syria strike in letter to Congress

Photo: Chris Kleponis/CNP/Bloomberg via Getty Images

President Biden told congressional leadership in a letter Saturday that this week's airstrike against facilities in Syria linked to Iranian-backed militia groups was consistent with the U.S. right to self-defense.

Why it matters: Some Democrats, including Sens. Tim Kaine (D-Va.) and Chris Murphy (D-Conn.) and Rep. Ro Khanna (D-Calif.), have criticized the Biden administration for the strike and demanded a briefing.

8 hours ago - Health

FDA authorizes Johnson & Johnson's one-shot COVID-19 vaccine for emergency use

Photo: Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images

The Food and Drug Administration on Saturday issued an emergency use authorization for Johnson & Johnson's one-shot coronavirus vaccine.

Why it matters: The authorization of a third coronavirus vaccine in the U.S. will help speed up the vaccine rollout across the country, especially since the J&J shot only requires one dose as opposed to Moderna and Pfizer-BioNTech's two-shot vaccines.

Updated 8 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios