Earlier in the day, Apple released its first-quarter earnings for the 2018 fiscal year ending December 31, with earnings of 88.293 billion U.S. dollars, up 13% from a year earlier and net profit of 20.65 billion U.S. dollars. The earnings, iPhone X market and particularly concerned about the market.
Apple sold 77.316 million iPhones in the first quarter, down from an average of 79 million Wall Street analysts had expected and with a 1% year-on-year drop in sales, thanks to the revolutionary iPhone X update , Face ID, etc.) and high price strategy, iPhone revenue increased 13% YoY to US $ 61.576bn.
Although Apple officials did not disclose specific sales figures for the iPhone X, Apple chief executive Tim Cook said the iPhone X exceeded its expectations and has been in every week since listing last November The best-selling iPhone. Meanwhile, Apple also achieved another major milestone, with an active installed base of 1.3 billion in January.
