iPhone 7 pulls Apple out of yearlong sales slump

The Scotsman

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After a year of falling iPhone sales, Apple has rebounded with a record-breaking quarter thanks to the iPhone 7 and iPhone 7 Plus.

In the tech giant's Q1 2017 financials, Apple revealed it posted iPhone sales of 78.3 million, up 5% from the same quarter last year, when it sold 74.8 million iPhones. The iPhone set all-time unit and revenue records, CEO Tim Cook said on an earnings call, helping push Apple to total revenue of $78.4 billion.
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