Apple set an iPhone sales record even without a new standard iPhone
Apple had a record-breaking quarter for iPhone sales — despite not releasing a standard model during its latest refresh. In its fourth-quarter earnings report released on Monday, Apple says it earned $57.58 billion in iPhone revenue, marking a 17 percent jump from the same time last year.
Apple reported a 12 percent increase in revenue overall, ballooning to $114.5 billion. Its Mac business grew 24 percent to $10.79 billion, while Apple’s services division, which includes App Store commissions along with subscriptions to services like Apple TV and Apple Music, grew to $31.57 billion. iPad revenue declined 10 percent year-over-year, with $6.23 billion in sales.
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