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Apple’s latest earnings prove people are waiting for the iPhone 8

by Brandon Russell | May 2, 2017May 2, 2017 2:15 pm PDT

Apple on Tuesday revealed its 2017 second quarter results, posting a quarterly revenue of $52.9 billion, with the company noting international sales accounted for 65 percent of the quarter’s revenue.

Apple CEO Tim Cook described iPhone 7 Plus demand as particularly robust, including a great response to the new (PRODUCT)RED Special Edition iPhone 7 models. Services also did very well.

“We’re thrilled with the strong momentum of our Services business, with our highest revenue ever for a 13-week quarter,” Cook said.

Apple sold 50.7 million iPhones, 8.92 million iPads, and 4.19 million Macs in the latest quarter. Compared to the previous quarter, however, Apple is down; the company sold a record 78.3 million iPhones during the last quarter, thanks largely to the iPhone 7 and iPhone 7 Plus.

With Apple’s tenth anniversary iPhone on the horizon, it’s clear prospective buyers are holding out to see what Apple has in-store. In addition to an “iPhone Edition,” Apple is also rumored to unveil iterations to its iPhone 7 and iPhone 7 Plus, making this year a “super-cycle.”

In the immediate future, Apple will show off iOS 11 at WWDC in June, along with a possible Siri speaker meant to compete against the Amazon Echo and Google Home.

According to Cook, iPhone growth outside of greater China was high, while Apple reportedly saw a record number of people switching from Android than ever before.

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Brandon Russell

Brandon Russell enjoys writing about technology and entertainment. When he's not watching Back to the Future, you can find him on a hike or watching...