Apple’s stellar quarter for iPhone sales didn’t just put more money in the bank; it also helped the Cupertino company overtake Samsung to become the world’s top smartphone vendor.
According to the latest data from Strategy Analytics, Apple shipped 78.3 million handsets in Q4 2016 — around 800,000 more than Samsung. However, the iPhone wouldn’t have stood a chance if it wasn’t for the Galaxy Note 7 recall.
Apple is expected to ship around 15 million MacBook and MacBook Pro units in 2017, a 10 percent increase over last year.
Sales will be boosted by new models that could feature Intel’s next-generation Kaby Lake processors and significant RAM increases.
Apple’s revenues generated from the iOS ecosystem will surpass $1 trillion sometime this year, according to one analyst.
By mid-2017, the company is forecast to have sold a whopping 1.2 billion iPhones, while collective sales of all iOS devices will surpass 1.75 billion units.
The App Store opened 2017 with a massive bang by shattering sales records. New Year’s Day was its single busiest day ever, with $240 million raised from app purchases.
The record caps an incredibly successful 2016 for iOS developers, who earned a whopping $20 billion last year — up over 40 percent from 2015.
The iPhone’s market share is down around the world, but you know what’s up? Its profitability related to other smartphones.
In fact, according to a new report from BMO Capital Markets analyst Tim Long, Apple accounted for 103.6 percent of all smartphone industry operating profits in the third quarter of 2016.
Apple Watch shipments declined a staggering 71.6 percent this summer, according to IDC, with Apple shifting just 1.1 million units during the third quarter. During the same period last year, the company sold an estimated 3.9 million units.
Even though the iPhone 7 was only on sale for two weeks during Q3 2016, it accounted for more than 40 percent of all iPhone sales in the United States, according to Consumer Intelligence Research Partners.
iPhone sales continued to decline in China during the second quarter of 2016, despite a slight rise in overall smartphone shipments. High-end devices from Samsung are also struggling, and it seems unlikely the situation will change soon.
Apple today revealed its results for the third fiscal quarter of 2016, and they make for surprisingly pleasant reading for investors. The company reported revenue of $42.2 billion and quarterly net income of $7.8 billion after App Store sales hit an all-time record.
Nobody’s expecting big things from Apple’s quarterly earnings call this Tuesday, but it is possible that we’ll hear one incredibly significant metric announced at the event: Apple’s sale of its billionth iPhone.
While it is likely that iPhone sales will continue to decline this quarter — with 40 million likely to be reported as the number for the past three months — the billionth sales mark would serve to underline once again just what an enormous success the iPhone has been for Apple.
