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Apple reports its Q4 earnings

Apple reports its Q4 earnings

The company also showed off other new products in the back half of this year, amid back-to-school shopping season: the Apple Watch Series 3 with a cellular connection, its thinnest and lightest MacBook yet, and the Apple TV 4K. Long lines were already forming outside Apple retail stores ahead of the Friday launch. "I think you would find you could buy an iPhone X for $33 a month", he said.

Apple opened pre-orders for the iPhone X on October 27 and has said demand has been "off the charts", although some analysts have been anxious about supply chain issues that might prevent the company from making enough phones to satisfy demand.

Re-sellers and iPhone accessory makers generally agreed there was a buzz about the iPhone X, Apple's first phone to have a full-screen display and functions such as facial recognition security. Global sales accounted for 62 percent of the quarter's revenue.

The Mac "had its best year ever" in fiscal 2017 in terms of revenue, and fiscal Q4 also marked the strongest September quarter ever for Mac sales, Apple CEO Tim Cook said during the quarterly earnings call on Thursday. "That's a few coffees a week. We are expecting the iPhone X sales will commence in the evening this year as well", he told IANS. "Less than a coffee a day at one of these nice coffee places". If the iPhone X is a big hit, that could fuel growth of offerings like Apple Music and iCloud storage in coming years.

The redesigned Apple iPhone X gets rid of the Home button and adds a 3D face scanner.

Читайте также: Iran, IAEA urge commitment to nuclear deal by all parties

Cook stressed that the devices have been selling well, but admitted the staggered launch of two new iPhone models marks a new approach for the company with certain unknowns.

Of the iPhone figures cited, "we believe less than 10% of that is the 8", says Daniel Ives, an analyst with GBH Tech Research.

But even the keenest iPhone X buyers might not be able to get their hands on Apple's most expensive smartphone for months to come, as Telstra revealed orders for this year's iPhones broke previous records, new Vodafone orders were delayed until after Christmas, and analysts predicted stock shortages could continue until May next year.

Apple shipped 46.7 million iPhones during the period, according to its fiscal fourth-quarter report released Thursday. That division includes content, AppleCare, and Apple Pay, but the App Store is the "jewel" of the services segment, Pacific Crest analyst Andy Hargreaves wrote earlier this year.

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