Tuesday, 1 May 2018

Analysts expect Apple to report sales of 52 million iPhone units for fiscal Q2, up 2.4% YOY

After the stock market closes at 4pm in New York today, Apple will release its fiscal second quarter earnings. Wall Street analysts expect Apple to report sales of 52 million Apple iPhone units during the three month period, which ran from January through March. That would be a 2.4% hike from the 50.8 million handsets that Apple sold during the same quarter last year. It also would be a traditional decline from the previous quarter, which includes the holiday shopping season. In that quarter, Apple sold a record 77.3 million iPhone handsets, 27 million of which were the iPhone X.

With the ...

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