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iPhone sales were down 1.24 percent year over year. They made more money because the phone is more expensive. Also, nothing in that statement negates anything s

• mythz 9y ago
  Yes unit sales were down 1.24%, which is contributed by Q1 2017 results reporting 14 weeks instead of 13 weeks this quarter, the iPhone X being supply constrained and basic economics 101 law of supply/demand when raising prices. Since you're quoting percentages to justify your insistence of "Demand for the X has actually been pretty weak", here are some more percentages you've left out: > The Company posted quarterly revenue of $88.3 billion, an increase of 13 percent from the year-ago quarter and an all-time record, and quarterly earnings per diluted share of $3.89, up 16 percent, also an all-time record.