The iPhone X is still a top seller, says Apple in solid Q2 earnings
Analysts have been worrying in recent weeks about weak sales of the iPhone X (and maybe iPhones in general) after the holidays. Well, Apple reported results for its January-through-March quarter today, and pointed out that the iPhone X remained its best-selling phone throughout the first three months of 2018.
The company narrowly exceeded analysts’ expectations for revenues, but only after it guided down its own revenue expectations a few months ago. It came very close to expectations for iPhone unit sales, but only after analysts had adjusted down their unit sales expectations.
Here are the top lines:
More to come after the earnings call at 2 p.m. Pacific Time.
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