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Apple iPhone Sales Stay Strong Globally [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
Warning! GuruFocus has detected 1 Warning Sign with MSFT. Is AAPL fairly valued? Test your thesis with our free DCF calculator. Analysts claimed that in February, iPhone sales were up 26% from the same month last year, and the iPhone 17 did well in places around the world. Sales of the newest model were nearly 20% higher than those of the iPhone 16 during the same launch time, showing that people still want to upgrade. The base iPhone 17 made up the most part of the growth, but the higher-end Pro models also made a big difference. At the same time, average selling prices went up roughly 7% from one year to the next, which shows that the mix of products was better and prices stayed high. China was still a major factor, with roughly 20% growth in the region helping to improve overall performance. Apple has already said that iPhone sales were $85.3 billion, which was more than expected and a lot more than the previous year's sales. The ongoing trend implies that Apple's main p
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