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No iPhone Sales Did Not Dip, They In Fact Grew

Image result for apple building

iPhone sales were down for the first time in forever ( I know You read that in tune), this is what everyone has been on about since apple released their sales figures for the holiday quarter. Which by the way was their best quarter ever with $88 billion in revenue.

But they sold fewer iPhones mate...

Yes they did a deficit of about 1 Million iPhones,  They sold 1 million fewer iPhones when compared to the corresponding quarter last year, And there lies the catch. According to Apple Insider, in their article about the iPhone sales for the past quarter they give us the reason for why sales dropped by a million. You can read the article here.

Quoting the article : "It should also be noted that Apple's first fiscal quarter of 2016 was one week longer than its 2017 period."
So yeah in essence Apple had an extra week to do business in 2016 than in 2017.
Image result for tim cook with iphone x

So Apple Had an Extra Week In 2016 Big Whoop

A week may not seem like much until you put it in context. Apple on average sells about 10 iPhones a second according to Computerworld. So that amounts to about 6 million additional iPhones sold in about a weeks time. So doing the math we see that Apple sales didn't really slip. They sold about 5 million additional phones when compared to last year. Keep in mind most of the 10 phones sold are iPhone Xs, the more expensive pricier model. So assuming an average selling price of $800(which is conservative by the way). Apple would have made $4,838,400,00 from that one week of sales that they missed. So their actual earnings for the last quarter is more like $95 billion ( We just looked at iPhone sales for the extra week ).

Apple Sold More Of It's Priciest Phone Than We Think.

That heading pretty much summarises everything. Let me know what you think in the comments below


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