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Wednesday 1 February 2017

Apple displays a record quarter for the sale of its iPhone

Apple displays a record quarter for the sale of its iPhone

Apple has just released its financial report for its first quarter of 2017 (October to December 2016). It is an unexpected sales record on the mobile side that the US giant has presented since it would have sold 78.29 million iPhone.


Apple will never have sold as many iPhone in a single quarter. The company that was expected to experience a slowdown saw an increase in its sales this first quarter of 2017 notably thanks to the sales of its iPhone. The appeal of the iPhone 7 and 7 Plus and the end-of-year celebrations surely contributed greatly to this good result. Moreover, the concerns encountered on the Samsung Galaxy Note 7 may have also contributed to this record sales. In total, 70% of the quarterly turnover was generated thanks to the iPhone or about 50 billion dollars.

In addition to good sales on the mobile side, Apple posted a good quarter for its services and Macs. Indeed, the brand sold 5.37 million iMac and MacBook is an increase of 1%. As for services, Apple has achieved a turnover of 7, 17 billion dollars with offers such as Apple Music, Appstore, iTunes and Apple Pay.

However, a drop is to be noted for tablets with only 13 million iPad sold. All in all, despite an increase in sales (3.3%), Apple still shows a decline in its profit (-2.6%). Tim Cook said the company expected to experience a declining second half.

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