In an interview with the press and analysts concerning Apple’s latest financial results, Chief Financial Officer Peter Oppenheimer said iPhone’s sales growth for the December quarter was up 86%. That compares to 70% growth for the global smartphone market overall.
Oppeneheimer says recognized revenue from iPhones were US$10.74 billion for the December quarter compared to $5.85 billion in the year-ago quarter. The iPhone line has an average selling price of US$625.
At the end of the previous fiscal quarter, there were 185 iPhone carriers in 90 countries. Oppenheimer says that the Apple smartphone continues to experience strong growth in all segments, with sales in Asia-Pacific and Japan doubling year-over-year. He adds that 88 of Fortune 100 companies are deploying the iPhone, and that interest in the Apple smartphone continues to grow in this market.
Chief Operating Officer Tim Cook says that the IDC predicts the smartphone market to quadruple in two years, so Apple has plenty of room for growth in this market segment.
— Dennis Sellers