CALIFORNIA: Apple sold fewer iPhones than a year ago in the first three months of 2017, the company said in its latest results.
The California firm, which is due to release iPhone 8 later this year, said it sold 50.8 million iPhones in the period, down 1% year-on-year.
Apple boss Tim Cook blamed a “pause” as customers wait for the next iPhone.
“With the iPhone’s 10th anniversary upon us, expectations are high for the next device,” Cook said.
Mr. Cook also pointed to growth in sales of Apple Watch, as well as its AirPods and Beats earphones.
Despite falling unit sales, revenue from iPhones still climbed 1% to $33.2bn due to “robust” sales of its bigger, more expensive iPhone 7 Plus.
Tim Cook told investors he was also pleased with the continued growth of its Services division – that’s things like Apple Music, Apple TV, iTunes and so on – but the health of Apple is only realistically measured with the success of that all-conquering smartphone.
