Apple sells lower than expected 77.3M iPhones in fiscal first quarter; iPhone X sales appear strong

Apple was hoping to stop all the talk about disappointing iPhone X sales with the release of its fiscal first quarter earnings; instead, there is more confusion. The tech giant reported sales of 77.3 million iPhone units during the three month period from October through December 2017, with iPhone revenue amounting to $61.6 billion. Analysts were looking for Apple to report sales of 80.2 million handsets. Last year’s fiscal first quarter saw Apple ring up a record 78.3 million iPhones, resulting in a year-over-year decline.

Bulls might look at the average revenue per unit, which came in …


Nokia tallies strong feature phone sales in third quarter of 2017, led by iconic 3310

Research firm Counterpoint Research pulled out its trusty slide rule and computed that during the third quarter of 2017, which covered July through September, Nokia licensee HMD Global sold 2.8 million Nokia smartphones worldwide. During the same time frame, the company sold 13.5 million Nokia feature phones. For the quarter, Nokia placed 16th among smartphone manufacturers and third among those producing feature phones. Combined, Nokia was the eighth largest handset producer worldwide for Q3.

The 2.8 million smartphones that Nokia sold globally during the third quarter easily topped the …

Apple iPhone loses market share in the U.S. during the third quarter, but remains on top

Despite losing 2.1 percentage points of market share in the U.S. during the third quarter, the iPhone remains the most popular smartphone in the U.S., accounting for 30.4% of smartphones shipped in the states. According to the latest figures from Strategy Analytics, Apple delivered 12 million iPhone units during the three months from July through September. That was down from the 13 million it shipped during the same time last year as some consumers delayed purchasing the Apple iPhone 8 and Apple iPhone 8 Plus until the Apple iPhone X launched in November. In second place, Samsung saw its shipments …

Tablet sales drop for the 12th consecutive quarter from July through September


Shipments of tablets declined 5.4% in the third quarter on a year-over-year basis, according to the latest data from IDC. That marks the 12th consecutive quarter of declining shipments for the sector. 40 million units were shipped during the three months that ended on the last day of September. That compares with the 42.3 million slates that were delivered during the third quarter of 2016.

Leading the way with 10.3 million iPad tablets shipped in the quarter, was Apple. The 11.4% year-over-year gain in shipments helped Apple increase its market share in the tablet industry from 21.9% …

Apple expects next quarter to be its best quarter ever with over $84 billion in revenue

Apple might have beaten expectations for iPhone sales this quarter with revenue of $52.6 billion, but what investors were really looking forward to is what the company expects for its biggest quarter of the year, the upcoming Holiday quarter.
And Apple has some big expectations.
Last year, the company beat its own records and scored $78.4 billion in revenue, the highest any company in history has ever posted. This year, it expects to go much higher: Apple’s projection for the Holiday quarter put revenue between $84 …

Apple sells 46.7 million iPhone units during its fiscal fourth quarter; shares hit new high

This afternoon, Apple released its fiscal fourth quarter earnings report. During the three-month period, the company sold 46.7 million iPhone handsets. That was roughly in line with the 46 million units that Wall Street analysts had predicted. Revenue related to sales of its smartphone amounted to $28.85 billion. Last year during the same period, Apple sold 45.5 million iPhone units and grossed $28.16 billion.

During the three month quarter, Apple grew sales of its iPad tablet from 9.27 million slates last year, to 10.3 million this year. Revenue from sales of its tablet amounted to $4.83 …

Apple iPhone 8 and iPhone 8 Plus sales break Apple's six quarter downtrend in China

While Apple CEO Tim Cook has always discussed China as being an important market for the iPhone, the last two years have seen Apple lose ground in the country. Huawei, Oppoi and Vivo have been on fire in their home country, shipping 22 million, 21 million, and 20 million handsets respectively during the three months that ended in September. For that quarter, Apple shipped roughly 11 million iPhone units in China, which was up 38% from the 8 million shipped during the same quarter last year.

What helped Apple turn things around this year in China was the Apple iPhone 8 and Apple iPhone 8 …

AT&T's sales numbers for the quarter suggest iPhone 8 sales are not beating any records

AT&T has reported slower sales and 900,000 fewer smartphone upgrades for the past quarter, which includes more than a week of iPhone availability.
Historically, iPhone sales are strongest in the first days of availability and in the Holiday quarter, so this is clearly a troubling sign. While AT&T does not break down unit sales by model, the iPhone has been the dominant phone on all US carriers in the past few years, so this clearly has a lot to do with lower demand for the iPhone 8.
This can be explained in …

BlackBerry has outstanding second quarter earnings report led by licensing and software

Sure, BlackBerry no longer manufacturers smartphones, but its licensing and software divisions are running on all cylinders. In fact, it makes you wonder why BlackBerry didn’t give up manufacturing smartphones earlier. With the current set up, the guys in Waterloo have a good thing going. A company like TCL licenses BlackBerry’s version of Android and pays the company for use of the iconic BlackBerry name and logo. BlackBerry sits back and deposits the checks.

Topping Wall Street expectations, BlackBerry reported a record $196 million in services and software revenue for its fiscal second …

During the second quarter of 2017, the Apple iPhone had the largest installed base in China


Even though Apple has lost momentum in China, the iPhone still has the largest installed base of any smartphone in the country. According to the Korea International Trade Association, 171 million iPhone handsets were in use in China during the second quarter of this year. That was followed by the 132 million Huawei branded smartphones owned by Chinese consumers during the same time period. Oppo was third with an installed base of 124 million units. With 108 million units in use, Vivo finished fourth. Rounding out the top six were Xiaomi and Samsung with Q2 installed bases in China of 68 million …