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Apple roundup: iPhone X sells 29M units, new MacBook rumor, Foxconn shift

Published 01/23/2018, 11:49 AM
© Reuters.  Apple roundup: iPhone X sells 29M units, new MacBook rumor, Foxconn shift
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  • Apple (NASDAQ:AAPL) shipped 29M iPhone X units in CY17 Q4 (Apple’s Q1 FY18), according to Canalys estimates, and 7M were shipped in China.
  • Canalys says the 29M units are slightly below expectations likely due to the initial supply constraints and splitting the launch with the iPhone 8 and iPhone X.
  • Buyers didn’t balk at the premium price tag due to financing plans and trade-in programs.
  • Strong sales in older iPhone models helped Apple hedged the risk of launching three new phones last year.
  • New MacBook: Digitimes reports that Apple will release an entry-level, 13-inch MacBook in 2H18.
  • Sources say touch panel maker General Interface Solutions will supply LCM for the product after becoming a MacBook supplier in CY17 Q4.
  • Supplier shift: Foxconn (OTCPK:HNHAF, OTCPK:HNHAY) could add its iPhone unit to a new Shanghai spinoff called Foxconn Industrial Internet, which will house its networking services and cloud computing operations.
  • Shareholders need to approve the spinoff at the shareholder meeting on January 31.
  • Apple share are up 1.1%.
  • Previously: Apple's HomePod smart speaker launches Feb. 9 (Jan. 23)
  • Now read: Apple Vs. Qualcomm (NASDAQ:QCOM): Dueling Patent Portfolios


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