Apple sold 41 million iPhones during the quarter

Key Points
  • Apple sold 41.03 million iPhones during the fiscal third quarter of 2017
  • Wall Street was looking for about 40.7 million iPhones sold during the quarter
Apple quarter better than expected: Matrix's David Katz

Apple reported its after the bell on Tuesday, noting that it sold 41 million iPhones during the quarter.

Wall Street was looking for Apple to sell 40.7 million iPhones during the quarter, according to a StreetAccount consensus estimate. .

iPhone sales always tend to be a little sluggish during this quarter as consumers begin to anticipate Apple's newest iPhones. The iPhone 8, Apple's new flagship handset, is expected this fall, possibly as early as September. Apple is also expected to launch the iPhone 7s and iPhone 7s Plus in September.

Apple has also struggled in recent quarters with iPhone sales in China, where it continues to lose market share to Android smartphone makers selling more affordable devices. As of late July, Apple was at risk of falling out of the , according to data from Canalys.

Rounding out Apple's product sales, the company also reported 11.42 million iPads shipped vs 9.03 million units estimated and 4.29 million Macs shipped vs 4.33 million units estimated.

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