(Bloomberg) -- Apple Inc. sold 41.3 million iPhones in its fiscal third quarter, just shy of analysts' estimates for 41.6 million. On a year-over-year basis, that represents unit growth of 0.7 percent. The average sales price for the devices came in at $724, beating expectations for $699 and indicating strong demand for higher-priced models like the iPhone X. The Cupertino, California-based company forecast fiscal fourth-quarter revenue of between $60 billion and $62 billion, exceeding estimates.
To contact the reporter on this story: Sophie Caronello in Washington at scaronello@bloomberg.net
To contact the editors responsible for this story: Sophie Caronello at scaronello@bloomberg.net, Nancy Moran, Molly Schuetz
©2018 Bloomberg L.P.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
