Apple Managed to Sell 52.2 Million iPhones in the Last Quarter

Apple’s iPhone X isn’t going anywhere soon, at least according to the company’s latest financial reports. Apple reported resilient iPhone sales despite analysts predicting the high price of iPhone X was affecting its iPhone sales. The company posted $61.1 billion in revenue for the January-March quarter, up 16% year-over-year. The iPhone sales also rose by 3% compared with the same time last year. Apple said it sold 52.2 million iPhones alone to the tune of $38 billion bringing the iPhone revenue up 14% from the same quarter last year. This is a surprise to many analysts who in the past weeks expected iPhone sales to crater, amid reports that Apple suppliers such as Samsung had drastically cut projections for the upcoming quarter. The company was also reported to be cutting back on the production of iPhone X because of poor sales.

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However, Apple Chief Executive Officer Tim Cook said iPhone X is their company’s best selling model. Apple sells more iPhone X units every week than any other iPhone model, and that’s been the case since the launch of the device back in November.

“This is the first cycle that we’ve ever had where the top of the line iPhone model has also been the most popular,” Cook said during the company’s earnings call. “It’s one of those things like when a team wins the Super Bowl, maybe you want them to win by a few more points. But it’s a Super Bowl winner, and that’s how we feel about it,” he added.

Moreover, Apple gave better predictions for the third quarter than expected. The company predicted revenue of $51.5 billion to $53.5 billion in the June quarter, ahead of the $51.6 billion Wall Street expected as of Monday evening. This is once again surprising as it comes at a time when Apple’s top smartphone rival, Samsung said it expects the demand for its top-range phones to soften.

Motley Fool senior analyst Jeff Fischer said that the company’s earnings report should put all these fears to rest adding that “Tim Cook and Apple are playing the long game”. So Apple won’t be halting the iPhone X production anytime soon, and we can expect to see newer models of the X released in September.

Furthermore, Tim Cook also stated that Apple would continue providing different iPhones for folks to meet their needs, hinting at the various new iPhone launches this year. Sadly, Apple did not reveal the HomePod sale numbers though, which is also said to be performing rather poorly by analysts.

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14 Comments on "Apple Managed to Sell 52.2 Million iPhones in the Last Quarter"

 

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AU(Airtel User)
May 2, 2018 1:11 pm 1:11 PM

Good to see, people in india also choosing quality over cheap chinese quantity.

A cheap chinese brand like oppo xiaomi vivo gionee zte can never be apple motorola pixel till they improve handset quality and service centers. Chinese brands are for first time smartphone buyers only. Avoid them.

Motorola, Apple, Pixel, Asus etc are decent brands, you can have any one of depending upon your capacity but always go for decent brands.

Nikhil Mumbai-Pune
May 2, 2018 11:46 pm 11:46 PM

Xiaomi Beats OPPO In Q1 2018 To Emerge 4th Largest Global Phone Vendor

Kaushik IMA
May 2, 2018 7:57 pm 7:57 PM

And now the creep removes Huawei from his cheap Chinese brands list. What happened, too much spanks?

Your opinion is most unreliable due to always shifting brand list.

-100000

Airtel User
May 3, 2018 12:20 am 12:20 AM

Hey Xiaomi apologist, how’s loose motions post Asus max pro LoL ? I missed Honor why sad everyone knows cheap Chinese brands lists. You are the only one who don’t findy opinion reliable since you get most of the spanking from me LoL rest everyone is getting what I say. Go play with you cheap Chinese toys.

Kaushik IMA
May 3, 2018 5:32 am 5:32 AM

Sorry, I was saying Asus was good far before you jumped on that train. It’s you who is latching on to Asus to save yourself from national disrepute.

Your time is up boy; be ready for daily spanking this day onwards.

Sandeep Bansal, Manipal
May 2, 2018 7:45 pm 7:45 PM

Cheap Chinese right???
This pic is for you….

global-shipment.png
Airtel User
May 3, 2018 12:23 am 12:23 AM

Hey kid, Sandeep how dumb you are ? How many times I have to explain there is a difference between cheap Chinese brand and decent brand manufactured in China.
There is a difference between road side eatery(cheap Chinese brand) and 5 star hotel (decent brand). Shooo..now have your pedigree.

Sandeep Bansal, Manipal
May 3, 2018 8:14 am 8:14 AM

What the hell, dude!!!
You said cheap Chinese brands right???
I showed you the proof that the companies like Xiaomi and Huawei are on of the largest companies in the world…
You can just name call me like a 5 year old, bcoz you haven’t got even a single valid argument against my statement..
Also fyi, Moto-Lenovo used to be there in the list but due to their shitty update policy, they are nowhere now…

Ruchit Shah (Gujarat)
May 3, 2018 1:13 pm 1:13 PM

Well US is restriction Chinese products from entering their country on security issues. High time for India to boycott Chinese phones. Also Apple’s marketshare is increasing in China which shows that their own people are shifting to better phones.

Airtel User
May 3, 2018 2:55 pm 2:55 PM

Lol, it shows that USA is anti-competitive and scared of China

Ruchit Shah (Gujarat)
May 3, 2018 4:51 pm 4:51 PM

Lol. You think Apple would be given a tough fight there by chinese phones.

Ruchit Shah (Gujarat)
May 2, 2018 6:03 pm 6:03 PM

Agreed except Motorola. Motorola was good until it announced that they would not provide updates.

Airtel User
May 3, 2018 12:29 am 12:29 AM
Hey shah, you must understand Motorola assures for quality and after sales support and 1 major Android update as far as security patches go those are no monthly but they never promised for updates. Other cheap chinese brands may offer updates but those aren’t stable also there handset quality is very poor leave after sales services they don’t have proper service centers. I hope we are clear on this. Don’t you agree that after iPhone X every flagship from android manufacturer blindly copying notches. This is the appeal of apple. Leave these budget buyers they haven’t used flagships so they… Read more »
Kaushik IMA
May 3, 2018 6:48 pm 6:48 PM

Maybe you forgot that Apple first copied designs from HTC so many years ago….hehe

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