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Best selling consumer products of all time

Creating the most popular product of the year will make consumers and investors happy. But making an all-time bestseller can transform an industry and define a business for decades. Many of the best-selling products were first in a new category. Apple (AAPL), which has sold more than 500 million iPhones, was the first to introduce a touchscreen smartphone that could seamlessly handle music, web browsing and phone calls. A number of these products continue to be dominate their markets. The iPad remains the world’s best-selling tablet, with a 32.5% market share last quarter, despite challenges from Amazon.com’s (AMZN) Kindle Fire and Samsung’s Galaxy tablet lines. The PlayStation 4 has sold over 7 million units since it launched last year, well above the Microsoft (MSFT) Xbox One.

To determine the best-selling products of all-time, 24/7 Wall St. reviewed categories of products widely purchased by consumers and identified individual products that had the highest sales in their category. In some cases, we gathered figures from multiple sources and estimated the final sales figure. In other instances, where one company had a clear market lead, figures reflect data from previous years. | 24/7 Wall Street | By Vince Calio, Thomas C. Frohlich and Alexander E.M. Hess