What iPhone Fatigue? Strong Phone Sales Boost Apple


There’s no “i’ in smartphone fatigue. At least not this quarter as sales of the iPhone were strong enough to help Apple meet its revenue projections despite year-to-year declines in both iPad and Mac sales.

Apple set an iPhone record for its June quarter selling 31.2 million iPhones. The company sold 26 million iPhones during the same quarter last year. iPad sales dropped to 14.6 million units from 17 million during the same quarter last year and Mac sales were down from 4 million to 3.8 million.

On April 23, Apple projected revenue between $33.5 billion and $35.5 billion for the subsequent quarter. It was at the high end of that range, reporting quarterly revenue of $35.3 billion. Apple shares rose more than 3% in after-hours trading.

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