New iPhone X SE leaks-Everything You Need to Know uptil Now

Apple Reports Second Quarter Results

Apple Reports Second Quarter Results

Credit has to be given to the Samsung Galaxy S9 for coming in sixth on the list.

The iPhone 7 is still quite popular with 5.6 million units shipped, and it is now in fourth place.

Apple's quarter was strong in China, up 21 percent in revenue, and the top three smartphone models in China last quarter were iPhones - the iPhone X, presumably followed by the iPhone 8 and 8 Plus.

After a very slight drop-off, the first Android phone makes an appearance in fifth place: Xiaomi's Redmi 5A with 5.4 million units shipped.

"Apple has now shifted nearly 50 million iPhone X units worldwide since commercial launch in November 2017", said Juha Winter, Senior Analyst at Strategy Analytics.

There has been a great deal of concern about the future of the iPhone X, Apple Inc.'s (NASDAQ: AAPL) most expensive iPhone model. The phone is powered by the A11 Bionic chip, which is also on the iPhone 8 series.

While all seems well with Apple and demand for iPhone X, the overall smartphone market does not seem to be doing that well after all. That would be more effect from the supposedly failed iPhone X, which has sent iPhone's average selling price (ASP) much higher. But it's important to keep in mind that not only does the iPhone X exist, at a base price higher than any Apple's ever asked, but the iPhone 8 and 8 Plus released last fall also cost more than the iPhone 7 and 7 Plus did the year before.

Global smartphone shipments reached 345 million units in Q1 2018, according to research from Strategy Analytics.

After all the brouhaha over tepid Apple iPhone X forecasts, it turns out that the iPhone X indeed was the most shipped smartphone in Q1 2018. The top six models shipped globally account for 1 in 7 of all smartphones that have been shipped in the first quarter of this year. The company also increased its quarterly dividend 16 per cent, compared with a 10.5 per cent increase previous year. First, he said, the iPhone X had been the best-selling iPhone every single week of Q1.

"The S9 Plus delivers an attractive, bezel-less, curved-screen design, a rich portfolio of software apps, and best-in-class retail distribution across dozens of countries". Xiaomi enjoys a big pie of the smartphone market share in India. BMO Capital Markets lowered shares of Apple from an "outperform" rating to a "market perform" rating and raised their target price for the stock from $162.00 to $166.00 in a report on Wednesday, January 31st. It also reduces the number of shares trading, which increases earnings per share - a key yardstick for measuring a company's value.

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