APPLE POSTS BIG QUARTER ON FAST SALES START FOR iPHONE 12
Techlife News|Techlife News #483
Apple’s delayed launch of its latest iPhones unleashed a holiday buying frenzy that propelled sales of the trendsetting company’s most popular product to its fastest start in years.
APPLE POSTS BIG QUARTER ON FAST SALES START FOR iPHONE 12

The apparently pent-up demand for four different iPhone 12 models highlighted Apple’s latest quarterly report Wednesday.

Apple’s iPhone sales during the October-December period totaled $65.6 billion, a 17% increase from the same time in the previous year.

Part of the gain reflected pandemic-driven production problems that pushed back the release of the new iPhone until October and November. In past years, including 2019, Apple rolled out its new iPhones in late September, resulting in a spike in sales in an earlier quarter than how things unfolded last year.

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