$500 For A Phone!

Famous words of Microsoft CEO Steve Balmer in a 2007 Interview with CNBC in response to Steve Jobs unveiling of the iPhone at Mac World in January that year.

By the end of 2007 with the iPhone only being on the market for six months apple sold nearly 1.4 million iPhones. That numbered jumped to 11.6 million, however 6.8 million of that was the newer iPhone 3G and also at that time Apple slashed the price to $399. [Full Sales History]