Despite supply constraints limiting the pace of iPhone 7 sales, there were apparently enough people willing to wait out the shipping headaches — especially for the iPhone 7 Plus — to support Apple’s win for its first quarter in fiscal 2017.
Overall revenue came in at $78.35 billion, right on analysts’ target, above Apple’s range and up about 3 percent from last year’s record-breaking amount. iPhone unit sales blasted through last holiday’s record by nearly 5 percent to 78.29 million — on $54.4 billion revenue, average selling price inches over $694.50 from $691, year-to-year.
Nearly 13.1 million
The post Apple 1Q17 earnings meets expectations to break records appeared first on Pocketnow.
from Pocketnow http://pocketnow.com/2017/01/31/apple-1q17-earnings-meets-expectations-to-break-records
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