Shares of Apple Inc. AAPL were trading higher by nearly 5 percent at $126.83 ahead of Wednesday's market open. Apple held on to the gains, opening at $127.03, above its previous 52-week high of $122.44.
One of the main drivers boosting Apple's stock higher is the company's blowout fiscal first-quarter results, which consisted of top- and bottom-line beats and record iPhone sales of 78.3 million units.
"We're thrilled to report that our holiday quarter results generated Apple's highest quarterly revenue ever, and broke multiple records along the way. We sold more iPhones than ever before and set all-time revenue records for iPhone, Services, Mac and Apple Watch," Tim Cook, Apple's CEO said in the company's earnings report. "Revenue from Services grew strongly over last year, led by record customer activity on the App Store, and we are very excited about the products in our pipeline."
Here is a look at Statista's compilation of how many iPhone units Apple has sold in each first quarter dating back to the original iPhone launch in 2007:
- Q1 2008: 2.32 million units.
- Q1 2009: 4.36 million units.
- Q1 2010: 8.74 million units.
- Q1 2011: 16.24 million units.
- Q1 2012: 37.04 million units.
- Q1 2013: 47.79 million units.
- Q1 2014: 51.03 million units.
- Q1 2015: 74.47 million units.
- Q1 2016: 74.78 million units.
- Q1 2017: 78.29 million units.
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