Apple iPhone sales estimated to top 50 million units during the second quarter
UBS says that the main driver for these better-than-anticipated iPhone sales is Apple's success in China, a market where Apple has recently gained the first position in the smartphone manufacturer race by overcoming local manufacturer Xiaomi during the first quarter. Previous reports proved that Apple's iPhone is also seeing growth in the five largest European countries.
Furthermore, the launch of the Apple Watch is also believed to contribute to the better-than-expected iPhone sales during Q2 2015. Apple's smartwatch is compatible only with newer iPhones, and this is believed to have represented a major incentive for new iPhone purchases.