This Monday, Jan. 9, will mark exactly 10 years to the day since the first iPhone was unveiled at the Macworld 2007 expo by Steve Jobs. Apple acknowledged the milestone a day early, on Sunday, with Tim Cook promising: "The best is yet to come."

"iPhone is an essential part of our customers' lives, and today more than ever it is redefining the way we communicate, entertain, work and live," Cook, Apple's CEO, said in a press release. "iPhone set the standard for mobile computing in its first decade and we are just getting started. The best is yet to come."

It was on Tuesday, Jan. 9, 2007 that Jobs touted the iPhone as three game changing products in one: a revolutionary mobile phone, a widescreen iPod, and a breakthrough internet communications device.

Competitors scoffed and initial sales were tepid, but by the time the formula was refined for the iPhone 3G, the iPhone quickly began to take off and ultimately defined the modern era of personal computing. Today, the iPhone is the single most important product in Apple's entire lineup, accounting for well over half of all of the company's revenue, and making Apple the most valuable company in the world.

This year, Apple is expected to create a 10th anniversary iPhone— which has come to be known colloquially as the "iPhone 8"— with a complete redesign that could change the game once again. It's believed that the device will have an edge-to-edge OLED display that could hide components, like Touch ID, the home button, earpiece and FaceTime camera —within or behind the display, presenting users with a true edge-to-edge screen.

Other rumored features of the so-called "iPhone 8" include a glass back, curved screen, wireless charging, and a new 10-nanometer "A11" processor.

New iPhones will have to wait, however, as Apple typically refreshes its flagship handset around September. Until then, the iPhone 7 and iPhone 7 Plus remain the flag-bearers for the world's most popular smartphone model. 

 
Source: Appleinsider