Apple iPhone is a great phone on the market. Every year, hundreds of thousands of people line up in front of local App Stores and try to get new iPhone models. Last year, Apple announced three iPhone models, one of which includes an iPhone X. The iPhone X marks the first Apple’s mobile device with an OLED display. Besides, the device also features Face ID and readopts all-glass back design.
Apple iPhone X did not have a good start as it launched to the public in November 2017. Apple reported a slow sales performance during its first weeks of availability, mainly thanks to its staggering $999 price tag. However, things have changed. During the first quarter of 2018, iPhone X was the best-selling phones with 16 million units shipped.
Apple has just announced the third quarter financial results for the fiscal year 2018. The Cupertino company shipped more than 41 million iPhone units during the third quarter of the fiscal year. In reality, the 41 million mark was below Apple’s expectations as Apple is expected to ship 50 million iPhone units.
Apple posted revenue of $53.3 billion, a 17 percent rise when compared to the same period last year. According to Tim Cook, the company’s iPhone revenue marked a 20 percent rise from the year-ago period, with iPhone X remaining the most popular iPhone model on the market. In Q1/2018, iPhone X shipments hit 16 million units, with a high level of customer satisfaction.
Back in May, Apple claimed that iPhone 8 surpassed the iPhone X to top the best-selling phones out there. In reality, the sales of iPhone 8 have seen a steady growth on the market since the launch day, thanks to its cheaper price tag.
Sources say that Apple will ship more iPhone X units in the coming months. Apple might lower the price of the X when the iPhone X Plus releases in September. According to the latest reports, Huawei officially surpassed Apple to become the world’s second-largest smartphone vendor. The Chinese firm shipped more than 56 million smartphone units in the third quarter of the fiscal year.
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