Published: Sun, May 06, 2018
Science | By

Apple iPhone X Becomes World's Best-Selling Smartphone Model

Apple iPhone X Becomes World's Best-Selling Smartphone Model

New information from a supply chain source with direct knowledge of Apple's plans have said the company has ordered the production of only 8 million iPhone X units in calendar Q2 of 2018, reported Fast Company. After that, the iPhone 8 with 12.5-million units shipped, then the iPhone 8 Plus with 8.3-million units shipped. So, in terms of marketability iPhone X ahead of their "brothers" in the iPhone 7, iPhone 8 Plus, and iPhone 8. Galaxy S9 Plus took the sixth spot with 5.3 million shipments.

It is a mind-boggling statistic that the top five best selling smartphones were from the same company, Apple.

"We estimate Xiaomi Redmi 5A shipped 5.4 million units for fifth place and 2 percent market share worldwide in Q1 2018".

Strategy Analytics estimates 16M iPhone X units shipped in the quarter, marking the second consecutive quarterly victory for the premium smartphone.

While Apple may discontinue the iPhone X soon, the smartphone's key features, including Face ID and Animoji, will nearly certainly trickle down to upcoming iterations of Apple's smartphone.

The iPhone X was closely followed by the iPhone 8 and iPhone 8 Plus which shipped 12.5 million and 8.3 million handsets, respectively.

The iPhone 7 is still quite popular with 5.6 million units shipped, and it is now in fourth place. "Combined together, Apple today accounts for four of the world's six most popular smartphone models", Juha added.

The render shows an iPhone X-like display with the notch on the top and no physical button on the front. Insiders have sold a total of 125,988 shares of company stock valued at $21,336,201 over the last three months.

Apple could face stiff competition soon from Samsung, however.

Shareholders support Apple's effort to look beyond its signature product, the iPhone, for growth. Morgan Stanley analyst Katy Huberty admitted that Apple's third-quarter guidance implies that the meaningful downside she expected from iPhone in Apple's third quarter "didn't come to fruition".

Apple posted revenue for its March quarter of US$61.1 billion, up from US$52.9 billion previous year.

Despite rumours of an underperforming iPhone X in the quarter, Apple stated that the iPhone X was the most popular model each week in the March quarter.

The company's earnings per share for fiscal second quarter ended 31 March 2018 were up 30 per cent at $2.73, up from $2.10 a year ago. Tim Cook said the iPhone X has continued to do well for the company.

Strategy Analytics said that the iPhone repeated the success it achieved in the launch quarter. The fact is, it's good to be in the smartphone business, and Apple knows that better than anyone. Strategy Analytics believes the late shipping of flagship Galaxy S9+ models was the reason for its lower ranking. While this might not look very encouraging for Samsung, keep in mind that the phone didn't launch until the very end of the quarter.

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