avatarby John Velasco3 weeks ago0 comments

Apple beat the predictions of financial analysts in sales of its iPhone during the last quarter. The company announced today that it sold nearly 78.3 million iPhones, well ahead of expectations. However, sales of its iPad tablet continued to drop.

For its fiscal first quarter of 2017, which actually covers the October-December 2016 time period, Apple said it sold 78.290 million iPhones, up from 74.799 million from the same period a year ago. Apple launched the iPhone 7 and iPhone 7 Plus in late September. As usual, Apple did not break down sales of specific iPhone models. The various versions of its iPad sold a total of 13.081 million tablets for the quarter, down substantially from 16.112 million units compared to a year ago.

Mac sales came in at 5.374 million units for the quarter, up just slightly from 5.312 million units from a year ago. Apple launched new 13-inch and 15-inch MacBook Pro notebooks during the quarter, which included the new Touch Bar in place of the top row of keyboard buttons.

As expected, Apple did not reveal unit sales of its Apple Watch smartwatches for the last quarter. In a statement, company CEO Tim Cook stated those devices had recorded an “all-time” revenue record. Apple’s “Other Products” financial listing for the quarter, which includes Apple Watch, Apple TV, Beats headphones, the iPod and its first and third-party accessories, showed revenues of $4.024 billion, down from $4.351 billion from the same period a year ago. Overall, Apple had $78.4 billion in revenue for the quarter, up from $75.9 billion from a year ago, and $17.9 billion in earnings.