SAN FRANCISCO (KCBS) – Friday will mark five years since Apple’s iPhone first went on sale to the general public.

As the anniversary approaches, research from Strategy Analytics suggested the Cupertino-based company has raked in $150 billion in iPhone sales to date.

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Neil Shah, Senior Analyst at Strategy Analytics told CNET on Wednesday that those figures only include hardware sales.

CNET Editor at Large Brian Cooley:

One of the pivotal moments in Apple’s history occurred when the late Steve Jobs revealed the revolutionary gadget at the 2007 Macworld Conference.

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“An iPod, a phone, and an Internet communicator…are you getting it? These are not three separate devices. This is one device. And we are calling it iPhone. Today Apple is going to reinvent the phone,” he said.

It was a game changer because for a smartphone, the iPhone was simple to use and also provided a more appealing looking phone compared with what most users were familiar with at the time.

And there is still more to come as later this year, as Apple is expected to introduce the latest iPhone, which will likely have a bigger screen and faster Internet connection.

You can hear Brian Cooley’s Tech Watch report Tuesdays and Thursdays at 1:50 P.M. on KCBS All News 740AM and 106.9FM.

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