Apple sells 52.2 million iPhone handsets in fiscal Q2, fails to beat estimates but stock still soars

9. Babadook (Posts: 230; Member since: 24 May 2016)

Just wait till this falls line up. they'll sell like crazy because of the new design. Just wait. (And I say this as an android fan and user). I personally know 5 people excited to upgrade because they'll be infinity displays and such.

22. worldpeace (Posts: 2303; Member since: 15 Apr 2016)

Someone said the same thing around this date last year.... And even the year before that.

49. Babadook (Posts: 230; Member since: 24 May 2016)

Source? :D

51. AmashAziz (Posts: 2378; Member since: 30 Jun 2014)

Proof isn't needed for something said so commonly on this site.

You do seem to know little about smartphones though, judging from your post no.9. I could be wrong though.

10. Phullofphil (Posts: 1647; Member since: 10 Feb 2009)

Clearly they did not. The sold more than last year. This story is almost click bait. It sold well
Response to # 1

23. ColinW (Posts: 403; Member since: 04 Jun 2014)

They very much did, claiming much bigger sales than was actually achieved. This "super-cycle" was to be down to the introduction of the new model all X, clearly that has fell way behind expectations. With an ASP of $728 and only the 7+ 128mb version and smaller 64mb 8 selling below this level it is clear that not even the second tier iPhones sold that well, let alone the iPhone X.

29. piyath (Posts: 2342; Member since: 23 Mar 2012)

What nonsense are you talking about??? lol. This so called "super cycle" claim invented not by Apple but those so called reputable analysts. So that claim has no credibility at all and nobody took it seriously anyway.

Then the ASP. Last year ASP was in low $600 range. This year it has increased by more than $100 up to $728. In fact last quarter it was $796, have you ever even imagined such prices. Again it doesn't matter what wall street expectations are because they have no credibility at all. Android ASPs are in low $200 range, and who makes predictions about that?? Nobody even cares.

This year there are 8 iPhone models in the iPhone lineup. That's the most models Apple has ever had. Tim Cook clearly said “Customers chose iPhone X more than any other iPhone each week in the March quarter", what all this means is percentage wise iPhone X was the best seller and revenue wise too maybe. Another important thing here is you can't put 8 and 8 Plus as a one model because iPhone X has no any Plus model to compete with.

In summary Apple has done excellent this quarter compared to their previous quarters. That's the only credible measure we have in hand to elaborate how successful Apple did this quarter. Their every measure has increased including revenues, net profit, sales numbers, services revenues etc.

52. AmashAziz (Posts: 2378; Member since: 30 Jun 2014)

True that. They know how to take take advantage of the conditions and situations to maximize their profits.

And we continue to pay more and more.

5. kiko007 (Posts: 7289; Member since: 17 Feb 2016)

No it isn’t. Do you think Apple doesn’t see iPhone sales stalling eventually? Of course they do, this is the company that came out with the iPhone right when MP3 players (such as the iPod) had hit peak appeal. They likely have several avenues of interest they’ll dabble in moving forward, including expanding their service gains further down the line.

41. Back_from_beyond (Posts: 835; Member since: 04 Sep 2015)

What avenues would that be? They seem to be letting their Mac lineup die, their concept for a VR/AR headset is so ridiculous it'll barely cater to consumers, the iPad hasn't been noteworthy in years and their core business of iPhones has been underwhelming with other flagship phones outclassing them and iOS is a damn joke. The rumored cheap 2018 iPhone X model is going to cannibalize the more expensive models in a bad way, but it's likely the only way the sales numbers will keep from dropping, even Apple knows that.

48. cocoy (Posts: 416; Member since: 30 Oct 2015)

Filing cases for patent infringement with several OEM's. Example, copying the notch design lol.

8. Dr.Phil (Posts: 2100; Member since: 14 Feb 2011)

Actually, the reason Apple beat earnings estimates is in large part due to their services beating the estimated revenue by about $1 million. This includes things like Apple Music. So, if it weren’t for Apple Music they probably would’ve done poorly.

Also, the worry should be placed on the future of the HomePod since it is somewhat tied into Apple Music revenue by exclusively streaming it. If Apple doesn’t offer a more robust smart speaker offering, it could mean less incentive to get Apple Music over the competition in the future.

12. c.m.s (Posts: 183; Member since: 10 Dec 2017)

Low iPhone X sales? It has been the best selling iPhone model since it was release. Analyst was wrong once again.

27. kiko007 (Posts: 7289; Member since: 17 Feb 2016)

Uhh... no they didn’t.

31. iczer (Posts: 131; Member since: 14 Oct 2015)

Yes they did 14.5 billion USD from Samsung versus 13.8 from Apple.

46. Leo_MC (Posts: 4434; Member since: 02 Dec 2011)

How much of that goes into your accounts?
If the answer is "zero", than you're fighting a war that isn't yours.

34. BullDozer (Posts: 110; Member since: 18 Dec 2015)

Last year weak demand was explained with waiting of anniversary models. So what is now their excuse?

37. midan (Posts: 1532; Member since: 09 Oct 2017)

Why you think adding more phones automaticly means more people buying iPhones? Same people are buying them, now we only have to choose which one we buy, we don't buy two you know.

38. midan (Posts: 1532; Member since: 09 Oct 2017)

What? It's up over $100 yoy

39. mootu (Posts: 867; Member since: 16 Mar 2017)

But it's down almost $70 on last quarter which is when the X was known to be selling well.
X sales slow and ASP plummets.

40. midan (Posts: 1532; Member since: 09 Oct 2017)

Of course X sales slow down? Just like iPhones sales slow down every year after holiday q.

Overall iPhone sales are low compared to last q, just like every year.