but iPhone concerns loom
The new $999 iPhone helped supercharge Apple's sales in the holiday season, but trouble may be ahead. Apple (AAPL) said Thursday it posted sales of $88.3 billion in the final three months of 2017, beating its own sales forecast and setting a new quarterly record for the company. It also turned a record $20 billion profit.
However, Apple said it expects sales for the upcoming quarter to be between $60 billion and $62 billion, well below Wall Street estimates. The forecast raises concerns about demand for the new line of iPhones.
The iPhone X, Apple's priciest coque iphone 6 fairy tail natsu smartphone to date, went on sale during the coque samsung galaxy a3 2017 survivor holiday quarter. This was also the first full quarter when the new iPhone coque samsung antichoc 8 and 8 Plus were available coque samsung pour samsung s8 to customers.
Apple does not break out sales by model. The company said it sold 77.3 million devices, which is actually a slight 1% decline from the same period a year earlier. But coque samsung s6 edge waterproof the higher price coque samsung galaxy j3 2016 fille tag for its models likely coque samsung grand prime sm g531f offset the dip.
The average selling price for iPhones during the quarter was nearly $800, up from $695 in the same quarter a year earlier, hinting at the impact coque samsung core prime pas chere of the pricier model.
Apple CEO Tim Cook said the iPhone X "has been our top selling iPhone every week since it shipped in November."
Related: Apple is set to report a giant profit. But iPhone X demand worries investors
The stock had coque iphone 6 silicone a paillette slipped in the days leading up to its earnings report as analysts and media outlets raised concerns about demand for the iPhone X after the holidays.
The coque emplacement cartes iphone 6 company is rumored to be cutting production for the $999 smartphone by half for personnaliser une coque samsung a3 the first three months of 2018, according to multiple reports. The lower sales coque samsung galaxy j5 2016 marvel forecast only adds to those jitters.
Apple stock coque samsung j6 2017 personnalisée rose as much as 3% in after hours trading Thursday following the coque iphone 6 descendants earnings report.
Apple had gone several years without making a major change to the iPhone's look and feel before releasing the tenth anniversary edition iPhone X. The phone features a full bleed screen and offers the option to unlock the device by scanning your face.
Investors had hoped that the vastly redesigned device would help drive a "super cycle" of customers upgrading their smartphones. coque samsung galaxy s4 a personnaliser Now analysts are questioning Apple's creer coque samsung grand prime strategy.
"Apple stumbled in its most recent effort to expand the iPhone product line with 2 new models in 2017 (iPhone 8 and iPhone X), one potential cause of the iPhone unit miss," said Gene Munster, an Apple analyst and managing partner at Loup Ventures.
On a conference call with analysts, Apple executives were also pressed on the impact that offering more affordable iPhone coque samsung a3 surf battery replacements may coque samsung galaxy s5 mini hello kitty have on smartphone upgrades. The replacements came after an outcry over Apple slowing down the performance of older iPhone models.
"Sitting here today, I don't know what effect it will have," Cook said. "It was not in our thought process."
Even if iPhone sales disappoint, Apple investors may get a pleasant surprise from the tax bill signed late last year. The new law makes coque samsung s5 fortnite it cheaper for Apple to bring back the cash it holds overseas.
Apple had $285 billion in its cash pile last quarter, $269 billion of which is held offshore. Much of that money is expected to be returned to shareholders.
"We have now the flexibility to deploy this capital," Luca Maestri, Apple's CFO, said on the call. "We will do that over time because the amount is very large."
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