Apple shrugs off iPhone X fears and enjoys strong quarter
06 May, 2018, 00:06 | Author: Tracy Craig
The third most popular smartphone was the iPhone 8 Plus with shipments in the tune of 8.3 million units.
"Customers chose iPhone Xmore than any otheriPhone each week in the March quarter, just as they did following its launch in the December quarter", saidApple CEO Tim Cook. The news also comes after increasing speculation that the iPhone X was flopping, or wasn't meeting Apple's expectations in terms of sales.
According to a new report from Strategy Analytics, Apple'smost expensive smartphone ever, with a $1319 CAD starting price, has defied expectations to sell almost 50 million units since its launch just six months ago.
Xiaomi's "Desh Ka Smartphone" Redmi 5A was fifth on the list with 5.4 million units sold.
Apple took the top four spots rounded out with the iPhone 8 at 12.5M, iPhone 8 Plus at 8.3M, and iPhone 7 at 5.6M. The iPhone 8 and 8 Plus, which were believed to be unimpressive when compared to the iPhone X managed to be among the best selling smartphones of the quarter. In today's reported market numbers, we see iPhone X as the clear leader in smartphone sales - by a significant margin.
That's unless Apple finds a way to fast charge using the Lightning cable, but that would need to be upgraded to allow more power through, and that would mean users would need to go out and buy an "old" Lightning cable to connect their iPhone to a computer or more standard charging USB outlet. "Given our confidence in Apple's future, we are very happy to announce that our Board has approved a new $100 billion share repurchase authorization and a 16 percent increase in our quarterly dividend". New iPhone X SE Leaks suggest that that the phone will have no physical home button.
Global smartphone shipments reached 345 million units in Q1 2018, according to research from Strategy Analytics. Apple also sold 9.1 million iPad tablets during the three month period, basically in-line with forecasts of 9.17 million units. Xiaomi enjoys a big pie of the smartphone market share in India.
The phone managed to beat analysts' fears regarding its market performance due to its high price.
It is a mind-boggling statistic that the top five best selling smartphones were from the same company, Apple. It also reduces the number of shares trading, which increases earnings per share - a key yardstick for measuring a company's value.
The phone has shipped an impressive 16 million units already.
Suppliers around the globe had warned of smartphone weakness, playing into fears that the company known for popularizing personal computers, tablets and smartphones had become too reliant on the iPhone.
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But it also does require foreign companies to provide key details about their technologies to Chinese partners. The official China Daily said in an editorial China would "stand up to the U.S.' bullying as necessary".
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That vibration allows the passenger to touch the scene and build the landscape in their mind that other passengers are looking at. It's called Feel the View , and it lets blind people get an idea of what's outside the vehicle window.
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The company stood by a previously announced target of building 5,000 Model 3s per week by the end of June. On average, 20 analysts polled by Thomson Reuters expected loss of USD3.48 per share for the quarter.
The update, which rolled out to most users during the first quarter, was meant to make the interface less confusing. A Change.org petition asking the company to remove the redesign now has more than 1.2 million signatures.
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