Foxconn’s stellar September suggests strong iPhone XS sales

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China
Apple and Foxconn have especially close business ties.
Photo: Foxconn

Foxconn is best known for assembling iPhones, so it’s watched as a sign of demand for Apple’s most important product.  The Chinese company just reported its revenue increased 30 percent last month, an indication that there’s plenty of demand for the iPhone XS models that debuted in September.

This is just the latest hint that Apple’s latest are performing well.

Huge number of iPhone users ready to upgrade

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iPhone XS, iPhone XS Max, and iPhone XR
Expect a rise in iPhone sales as users of Apple's current models move to the 2018 lineup.
Photo: Apple

Almost everyone who wants a smartphone already has one, so device makers depend on upgrades among current customers to make money. Fortunately for Apple, an analyst reports there’s a surge of interest in buying a newer model.

The rising desire to upgrade isn’t limited to iPhone users, but the analyst says Apple will benefit the most.

Today in Apple history: iPhone 6 sells record 10 million units at launch

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Buy one, get one free on the Apple iPhone 6s/6s Plus for AT&T.
Apple finally cracked the 10 million sales opening weekend benchmark.
Photo: Apple

September 22: Today in Apple history: iPhone 6 sells record 10 million units at launchSeptember 22, 2014: Apple notches a new sales record with iPhone 6 and iPhone 6 Plus, selling a massive 10 million units in the first weekend the handsets go on sale.

The eagerly anticipated phones bring a redesigned form factor that will persist for years. The most obvious change? Larger 4.7-inch and 5.5-inch displays that lure phablet fans. The iPhone 6 and 6 Plus also boast an A8 chip, improved iSight and FaceTime cameras, and — significantly — Apple Pay.

Apple struggles big-time to sell iPhones in India

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India
Three members of Apple's India team have left the company as a result.
Photo: Ste Smith/Cult of Mac

Three members of Apple’s executive team in India have departed, due to the company’s ongoing struggle to boost iPhones sales in the world’s fastest-growing major smartphone market.

The execs include Apple’s national sales and distribution chief, the head of its commercial channels and mid-market business, and the head of telecom carrier sales. Apple’s Indian sales team is now restructuring as a result.

Apple surprises Wall Street with better-than-expected earnings

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iPhone
The iPhone is a money printing machine.
Photo: Jim Merithew

There’s a lot of good news in Apple’s second earnings report of 2018 that should keep investors happy going into the next quarter.

Revenue during Q2 2018 hit an all-time high for a March quarter at $61.1 billion, thanks in large part to 52.2 million iPhones sold. Apple CEO Tim Cook says iPhone X sales are still killing it, too.

Today in Apple history: iPhone sales hit first speed bump

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iPhone 7
One year ago today, we officially hit "peak iPhone."
Photo: Ste Smith/Cult of Mac

January 26: Today in Apple history: iPhone sales hit first speed bump January 26, 2016: After nine years of spectacular growth, iPhone sales flatline for the first time.

In numbers posted by Apple for the last three months of 2015, iPhone sales grew by only 0.4 percent over the holiday season. That compared quite unfavorably with the 46 percent jump recorded during the same period a year earlier.

Why iPhone 7 might be outselling iPhone 8

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iPHone 7 sales
The iPhone 7 and 7 Plus is still selling well, according to wireless carriers.
Photo: Ste Smith/CultofMac

The iPhone 8 line may be Apple’s latest and greatest, but so far has not kept up with older, better-selling sibling, the iPhone 7.

Carrier store surveys conducted by KeyBanc Capital Markets suggests the iPhone 7 handsets are bucking history by outselling the iPhone 8 and 8 Plus. Several respondents claimed the iPhone 8 models were not enough of an upgrade, while others are waiting to compare the 8 to the iPhone X. The iPhone X will ship next month.

Apple to open online store in India to sell iPhones

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india
Apple is doing all it can to grown in India.
Illustration: Cult of Mac

Apple will open an online store in India to start selling iPhones, which it may begin making locally within the next couple of week.

Selling iPhones it makes in India is Apple’s first big step in competing for market share in a country with rapidly growing smartphone sales.

Apple may be cutting iPhone 7 orders as demand falls

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iPhone 7 back
Interest in the iPhone 7 is already falling.
Photo: Ste Smith/Cult of Mac

Apple is reportedly cutting iPhone 7 and iPhone 7 Plus orders less than three months after their debut due to falling demand.

Momentum has fallen “significantly” in China and other markets, according to sources in Apple’s supply chain, and component makers are already shifting their focus to iPhone 8.

8 takeaways from Apple’s Q4 2016 earnings call

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Apple's Q2 earnings weren't that impressive.
iPhone sales were down in Q4 2016.
Photo: Ste Smith/Cult of Mac

Apple can’t make enough iPhone 7 devices to satisfy demand from customers (and from Wall Street to make more money).

During Apple’s Q4 2016 earnings call today, Apple CEO Tim Cook and CFO Luca Maestri hinted that big things are in the pipeline that should put the company back on track to growth — and it all starts Thursday with the MacBook Pro.

Here’s what we learned from the Q4 earnings call: