Apple is now worth over $1 trillion â here are 9 people who were convinced the iPhone would be a major flop (AAPL)
Earlier this month, Apple became the first American company with a market cap over $1 trillion.
That was mostly due to the iPhone, possibly the most profitable product in modern history.
Last year, Apple sold over 216 million iPhones.
Obviously, it's a major hit â it basically mints money for Apple, now the most valuable company in the world.
But when it first came out, there were a lot of people who didn't think it was all that great. In fact, some people thought the iPhone was going to be an outright flop.
Here are some of those doubters and skeptics:
Original author: Kif Leswing
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