On the morning of January 9, 2007, the tech world was buzzing with anticipation.
Rumors had been swirling for months about Apple (AAPL)'s next big product, and the excitement reached a fever pitch as people gathered at the Moscone Center in San Francisco for the annual Macworld conference.
Steve Jobs, Apple’s co-founder and CEO, was scheduled to give the keynote address.
As the audience settled in, Jobs took the stage with his characteristic confidence and flair.
He began by teasing the audience with the promise of three revolutionary products: a widescreen iPod with touch controls, a revolutionary mobile phone, and a breakthrough internet communications device.
These three products were all the same device: the iPhone.
With a dramatic flourish, Jobs unveiled the first edition of what you’re likely to be reading this with or have in your pocket right now.
A few seconds – that’s all it took to cement Steve Jobs’s place in history, ink Apple’s absolute dominance, and create a path toward wealth that early investors never imagined possible.
Now, the device featured a sleek design with a 3.5-inch touchscreen, eliminating the need for a physical keyboard – we all remember the “necessary” Blackberry keys.
Jobs demonstrated how the iPhone could make calls, browse the internet, play music, and show photos, all with a simple touch of the screen.
The reaction from the audience was, you guessed it, electric.
Attendees marveled at the iPhone’s capabilities and sleek design. Tech journalists and analysts quickly recognized that the iPhone was poised to redefine the mobile phone industry. Throughout the keynote, Jobs highlighted the device's user-friendly interface, the innovative use of multi-touch gestures, and the seamless integration with Apple's existing software ecosystem.
As the keynote ended, the buzz continued to grow.
Media outlets around the world quickly picked up the story, with headlines heralding the iPhone as a game-changer. Tech blogs, forums, and news sites were flooded with discussions and analyses of the new device. Industry experts praised Apple for its bold innovation, while competitors began to assess the impact the iPhone would have on their own product lines.
And of course, Apple's stock price surged in response to the announcement. If you’d invested just $1,000 in Apple a day before the announcement, you’d be sitting on over $73,500 right now. Add a 0 to both, and you become ¾ of a millionaire starting with just $10,000.
Investors recognized the potential of the iPhone to capture a significant share of the mobile phone market, and the company's valuation reflected this optimism.
The excitement wasn't just limited to the stock market; Apple stores saw an increase in foot traffic as consumers eagerly awaited the chance to get their hands on the iPhone.
Competitors like Nokia, BlackBerry, and Motorola quickly realized they needed to innovate to keep up.
The iPhone set a new standard for what a smartphone could be, and the industry began a rapid evolution.
Over the next few years, touchscreens, app ecosystems, and advanced mobile operating systems became the norm, heavily influenced by Apple's design and user experience innovations.
This “wealth effect” that Apple created 17 years ago stands with us strongly today.
And that’s why I’m writing to you right now.
Because we’re on the cusp of yet another “iPhone windfall” today. See more about that here. James Altucher, our resident AI and, really, all-things-tech afficionado, will unveil everything on June 6 at 7:15 pm ET.
In just a few days…
Apple CEO Tim Cook will take center stage…
Make a massive announcement…
And potentially unlock one opportunity that could 10X your money over the next year.
Let me be clear:
James is predicting that Apple’s announcement will create a window of opportunity for you to generate 1,000% returns over the next 12 months…
And potentially 100X your money over the course of a decade.
And believe it or not…
But today, unlike 17 years ago, this opportunity has nothing do with buying Apple’s stock.
James will share all the details of his prediction with you on Thursday, June 6.
Specifically, you’ll see:
You’ll get all the details just by attending this historic event.
Just click here to sign up.
I’ll see you there,
Nick Riso
Associate Publisher, Money Morning
