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Yoni Heisler
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When Apple released its earnings report for the March quarter, there was one data point that jumped off the page regarding iPhone sales. Although iPhone sales declined 1% year over year, Apple saw its revenue increase in every geographic region the company operates in, save for China. Specifically, Apple saw its revenue in China drop by 14% year over year, a factor widely attributed to slumping iPhone sales during the March quarter. And though the iPhone 7 Plus was more popular among Chinese consumers than Apple anticipated, Tim Cook conceded during Apple's conference call that older generation iPhone models "didn't perform as well."
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Via BRG - Boy Genius Report