Apple shipped 5.6 million units of iPhone 7 for fourth place.
The iPhone maker is raising its quarterly dividend by 16 percent to 73 cents per share, matching the largest increase since Apple restored the payment under shareholder pressure six years ago.
With the iPhone 7, we can see that the first quarter of 2017 had the phone commanding a whopping 21.5-million units.
"Apple has now shifted nearly 50 million iPhone X units worldwide since its commercial launch in November 2017". According to the latest data from Strategy Analytics, the iPhone X was the best-selling smartphone model on the planet in Q1 2018, shipping 16 million units all around the world. The new phones include the $1,000 iPhone X, which Apple has touted as the best since the first iPhone was introduced in 2007.
Death toll rises to four at South African gold mine
Driefontein produced 482,000 ounces of gold in 2017, accounting for about a third of Sibanye's output of the metal. It called for "more serious intervention" to take place at Sibanye Stillwater operations in South Africa.
Providing the 2018 iPhone slate is as relatively unexciting as the rumors would lead us to believe, little additions like this could make all the difference for the next wave of consumers. Apple's other iPhone models assumed the next three places on the top-seller list, with the iPhone X followed by the iPhone 8 and iPhone 8 Plus, which shipped 12.5 million and 8.3 million units, respectively.
The report states that 345 million smartphones were sold globally in Q1 2018.
"We're thrilled to report the biggest quarter in Apple's history, with broad-based growth that included the highest revenue ever from a new iPhone lineup. iPhone X surpassed our expectations and has been our top-selling iPhone every week since it shipped in November", said Apple CEO Tim Cook. The research has corroborated Cook's claim that iPhone X was the most popular iPhone model in March as well as the December quarter. The smartphone market contracted by 2 percent from the same period previous year.
Senior Analyst at Strategy Analytics mentioned the Apple flagship managed to grab 5% of the total market share worldwide which is an impressive feat considering the sheer number of options available in the market. Heading into earnings, investors were hopeful that growth in that segment could help offset the cooling global smartphone market. The company had 25% of the market share whereas Samsung had 23%.
Suppliers around the globe had warned of smartphone weakness, playing into fears that the company known for popularizing personal computers, tablets and smartphones had become too reliant on the iPhone. Xiaomi is selling "a huge volume of smartphones" through online channels with retail partners such as Flipkart (in India) and JD (in China).