q12017earnings

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  • iPhone 7 turns around slowing sales for Apple

    by 
    Nathan Ingraham
    Nathan Ingraham
    01.31.2017

    iPhone sales were bound to start dropping sooner or later, but today's earnings news from Apple sees a turnaround: iPhone sales are back up after a year. In the first full quarter with the iPhone 7 and 7 Plus on the market, Apple sold 78.3 million smartphones. That's up about five percent from a year ago, when the company moved 74.8 million iPhones. Historically, a new iPhone model has guaranteed that sales would be up as well -- and even though the iPhone 7 is a rather iterative model, it was enough to do the trick.