Apple Reports Strong Financial Results Despite iPhone Sales Dip
Apple Inc. delivered solid financial performance for its second quarter (Q2) of fiscal year 2017, reporting $52.9 billion in revenue and achieving a profit of $2.10 per share, surpassing Wall Street forecasts.
However, the company’s iPhone sales volume saw another decline, moving just under 50.8 million units worldwide — significantly fewer than many analysts had anticipated (originally projected around 51.8 million) and down from Q2 2016.
Detailed iPhone Sales Figures for Q2 2017
According to Apple’s report, 50,764,390 iPhones were shipped during the second quarter of 2017 — a number that underscores continued downward pressure in smartphone volumes globally.
This decrease occurred against several benchmarks:
- Below analyst expectations (consensus was roughly 51.8 million units sold)
- Less than Q2 2016 shipment levels (which hit 51.2 million iPhones)
- Significantly fewer than the record high shipped in Q2 2015 (61.2 million iPhones)
Investor Focus Shifts Beyond Shipments
Analysts and investors closely monitor these metrics, but Apple’s stock resilience highlights a strategic shift.
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