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The iPhone 11 was the best-selling iPhone every week of the holiday quarter

By Cookie Monster - on 30 Jan 2020, 12:00am

The iPhone 11 was the best-selling iPhone every week of the holiday quarter

The Apple iPhone 11.

Apple reported a record holiday earnings of $91.8 billion revenue and $22.2 billion profit, which is fueled by strong demand for the iPhone 11 lineup, Services and Wearables. Apple CEO Tim Cook shared more details on the iPhone sales and said that the iPhone 11 was the top-selling model during the past three months! 

According to Cook, the iPhone 11 outsold the iPhone 11 Pro and the iPhone XR every week during the holiday quarter. He also shared that the iPhone 11 Pro and 11 Pro Max outsold older models during the same period, making the iPhone 11 lineup a smash hit for the company.

The strong iPhone performance is driven by trade-ins and the Apple Card instalments. iPhone trade-ins at Apple Stores doubled year-over-year, which is also an all-time record for the company.

The better-than-expected demand for the iPhone 11 lineup reportedly prompted Apple to increase production by up to 10%. However, the outbreak of Wuhan virus is expected to affect production of the iPhones as some manufacturing facilities will remain closed for a period of time. In addition, some channel partners are said to have closed their retail stores, which is likely to affect sales of the iPhones.

Source: 9to5Mac, CNBC