During the company's fiscal third quarter, which ended on June 28, Apple posted a little less than $44.6 billion in revenue from its iPhone business, a 13% increase from the previous year. Those iPhone sales helped Apple reach total revenue of $94 billon, another June quarter record for the company, and a 10% increase from last year's sales.

Apple has been shifting production of products bound for the U.S., sourcing iPhones from India and other products such as Macs and Apple Watches from Vietnam. Still, the company h

Apple has sold over 3 billion iPhones since its first smartphone in 2007. Samsung got there first, but there are some caveats to consider.