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

Apple sold 52.2 million iPhone handsets during the January to March period, which failed to beat Wall Street's estimate of 52.4 million. The figure was still higher than the 50.8 million units that Apple sold during last year's fiscal second quarter. Apple CEO Tim Cook, mindful of the rumors about sluggish sales of the iPhone X, said customers "chose iPhone X more than any other iPhone each week in the March quarter."...
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50. mootu

Posts: 1376; Member since: Mar 16, 2017

Well if it was all iPhone sales slowed then the ASP wouldn't change. X sales have slowed more than the rest of the range for the ASP to drop almost 10%. Don't forget the $796 ASP was acredited to the X Selling well, same can be said when the reverse happens.

44. Bozzor

Posts: 248; Member since: May 02, 2012

Overall, a result within the acceptable range of expectations, with a few things to worry about (iPhone X very good results but great were expected), amazing results in Services, wearables really picking up with a bright future...and painful silence on Homepod...

47. midan

Posts: 2557; Member since: Oct 09, 2017

HomePod is only available in very few countries, three actually.

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