2007

What Was Happening in 2007

Steve Jobs unveils the iPhone and changes everything, while the first cracks appear in the global financial system.

Born in

By the Numbers in 2007

World Population

UK Life Expectancy

59.3 years

US Life Expectancy

59.6 years

Gold Price (per oz)

$1,065.16

Dow Jones Index

11,340

US National Debt

Sovereign Nations

191

How Much Did Things Cost in 2007?

ItemUKUS
Average house price£184,000$217,000
Average salary£24,000$46,000
Pint of milk£0.31$0.42
Loaf of bread£0.70$1.19
Dozen eggs£1.55$1.68
Pint of beer£2.40$3.50
Gallon of petrol/gas£4.25$2.80
Cinema ticket£5.50$6.88

Technology and Inventions in 2007

The iPhone launched on 29 June, creating the template for every smartphone that followed. Amazon released the first Kindle e-reader. Netflix began streaming video alongside its DVD-by-post service. The first-generation Apple TV was released, and Android was announced by Google.

  • Apple iPhone launched on 29 June — revolutionising mobile computing
  • Amazon Kindle e-reader released
  • Netflix began its streaming video service
  • Google announced the Android mobile operating system

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