The iPhone is Apple's most important product. And the company is very much concerned about the performance of this product. Apparently, Apple sold fewer iPhones than a year ago (1st quarter results). Which was 50.8 million iPhones in that time, down 1 percent from last year.

Tim Cook, CEO of Apple, cites a blame. Of course you'd expect share prices to fall; though revenue rose. The CEO made a point, and it was that: other services had a hand in the iPhone sales, as customers tried them out.

Despite the fall & difference from last year's; there is still a gain, because of how expensive the last iPhones have been - especially the iPhone 7 plus.

This is the year of the iPhone's 10th anniversary; and already, there is an excitement for the next release. The next iPhone is expected to be greatly improved; as this is the desire of investors to hope for more value in Apple.

Apple stated that quarterly profits were $11bn worldwide, up 4.9 percent from the same period in 2016. The company also announced it would return an extra $50bn to shareholders.

Source :http://informationfromjay..com.ng/2017/05/oops-apple-iphone-sales-drop.html?m=1

people are tired of buying iPhones... walahi