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48 Million iPhones Sold in Q1, Thanks to China


iPhoneForums.Net News Team
Staff member
Jun 18, 2010
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Apple revealed its figures for the first fiscal quarter of 2013 yesterday via a conference call, during which, AppleInsider reports, it announced record iPhone sales of 47.8 million, marking an increase of more than 10 million year on year. This was better than many analysts had predicted, although some had come closer to that figure in the past couple of weeks. And it seems that Apple has to thank the massive Chinese market for these increased sales, with that particular market showing growth of 67% year over year, making it the region with the biggest growth overall for Apple. Apple CEO Tim Cook said that Apple was “extremely pleased” with Apple’s success in China. The quarterly earnings report also revealed that there was very high demand for the iPhone 5, leading to supply issues, and also that demand for the iPhone 4 was still very high, causing supply issues, despite the age of the handset.

[FONT=&quot]Source: [/FONT]China drives iPhone sales to 48M in Q1,10M more year-over-year