Graphic shows quarterly results, sales, revenue and income since fiscal 2016.
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BUSINESS

Apple boasts resilient iPhone sales

By Duncan Mil

May 2, 2018 - Technology giant Apple reported its best-ever fiscal second-quarter sales, despite fears that demand for its iPhone X – with a selling price starting at $999 – had begun to cool.

Sales of 52.22 million iPhones were up from 50.76 million last year -- a 2.9 percent increase -- confounding rumours suggesting demand for its iPhone X was in decline.

Average selling prices for iPhones were $728, compared with $655 a year ago, an increase of more than 11 percent, suggesting Apple’s iPhone X helped boost prices.

Sales in China rose 21 percent from a year earlier to $13.0 billion despite fears of a trade tariff on devices such as the iPhone.

Sources
PUBLISHED: 02/05/2018; STORY: Graphic News
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