Apple, with its latest iPhone 5S and 5C models, reportedly broke sales record of 50 million units in the last quarter, market analysts have estimated.
The tech giant is expected to release its fourth quarter results in the coming week but analysts have already estimated the sales to be around 55.3 million units of the latest versions of Apple's flagship product.
According to Mashable, although, it is not unusual for Apple to break an iPhone sales record, as it has been achieving that since 2010 for its Q1 results, but breaking into the 50-million range is new territory for Apple.
The latest models, iPhone 5S with a fingerprint scanner and the low-cost 5C version were introduced in September and Apple began selling its iPhone via world's largest mobile carrier, China Mobile, this moth.
Last week, China Mobile Chairman Xi Guohua has revealed that Apple had already sold 'millions' of iPhones through the carrier, the report added.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app