iPhone growth stalls as Chinese smartphones surge

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Product Red iPhone box
The RED iPhone 7 hasn't given sales a boost.
Photo: Ste Smith/Cult of Mac

Growth in the smartphone industry isn’t dead yet, according to the latest report from the International Data Corporation which found smartphone shipments grew more than expected last quarter.

IDC predicted shipments would rise 3.6%, but the industry actually saw 4.3% growth in Q1 2017. Unfortunately for Apple, most of the increase in shipments were triggered by a couple of Chinese companies.

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Apple is worth more than the entire US energy sector combined
Apple made a ton of money. What more do you need to know?
Photo: Ste Smith/Cult of Mac

How Apple’s next earnings call could surprise us all

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Apple is worth more than the entire US energy sector combined
The holidays were good to Apple.
Photo: Ste Smith/Cult of Mac

When Apple reveals its first quarterly earnings report of 2017 next Tuesday, the company could shock us with another record-breaking quarter.

The Q1 2017 earnings will cover Apple’s first full quarter of iPhone 7 and iPhone 7 Plus sales, and Apple should also get a big boost from the holiday shopping season, according to some Wall Street estimates. During its last earnings call, Apple predicted its revenue slump will end as the company finally returns to growth this quarter, but will it be enough to satisfy investors?

Here’s what to expect from Apple’s January 31 earnings report.