Sales

1.2 billion iPhones sold to date

Since its debut ten years ago in June of 2007, Apple's iPhone has managed to move a total of 1.2 billion cumulative units globally, remaining the most popular smartphone model in the world in terms of unit sales, brand power and influence.

First two months of Galaxy S8 sales 20 percent lower versus Galaxy S7

Citing brokerage analysts, The Korea Herald reported Tuesday that Samsung's latest Galaxy S8 flagship smartphone has moved fewer units than the previous-generation Galaxy S7 model.

Samsung sold an estimated 9.8 million units in Galaxy S8's first two months of availability, or about 20 percent less than Galaxy S7’s twelve million sales in the same period last year.

It should be taken into account that Galaxy S8 started selling in three key markets while its predecessor sold globally immediately.

The report attributed the sales decline largely to the saturated smartphone market and, in part, to fiercer competition from Chinese rivals. Samsung apparently reduced supply orders for some parts, an unnamed industry source said.

That Samsung hasn't' bragged recently about Galaxy S8's sales is another indication of the potentially slowing sales. “We estimate Galaxy S8’s sales volume to be similar to that of Galaxy S7 for now,” is all a Samsung official had to say about the matter.

The only data point Samsung shared was on May 16, when it said global shipments of its latest flagship smartphone exceeded ten million units in its first three weeks of availability.

Galaxy S8 debuted on March 30 and started selling globally on April 21.

“Since the 10 million shipment, Samsung is not revealing sales figures possibly due to slowing sales,” said a local analyst. “We assume Galaxy S8 is selling less than Galaxy S7.”

First “Assembled in India” iPhone SE units go in sale, but don’t carry lower price tag

First iPhone SE units assembled in India have gone on sale in many cities in the country, including the city of Bangalore near which the handset is being assembled in a facility operated by Apple's contract manufacturer Wistron.

The Indian Express reported today that the iPhone SE units manufactured in India don't carry a lower price tag because they are made locally due to Apple's policy of keeping the pricing more or less the same across the globe. In fact, these phones are “priced the same as other models manufactured in China,” according to The Indian Express.

Currently, a small trial run of limited iPhone SE units has been produced. Although the handset is now selling in many Indian cities, customers interested in the handset may not be able to get their hands on one until Wistron ramps up production.

These phones have “Designed by Apple in California, Assembled in India” printed on their back.

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Apple may have removed limitations on its price matching program

Apple has a lesser-known program which lets would-be buyers get some of its latest products at a discount. The Cupertino firm used to match up to ten percent off a product's original list price from authorized retailers, under certain conditions, but that ceiling is reportedly no longer in effect, as per an Apple store employee on Reddit.

iPhone 7 Plus accounted for an estimated 40% of all iPhone 7 sales in the holiday quarter

People are way more interested in Apple's $769 iPhone 7 Plus than they were in the $649 iPhone 6s Plus, Cowen & Co. analysts told The Wall Street Journal. In other words, many buyers don't mind paying more for features like dual cameras and other extra hardware not available in standard iPhone 7.

Cowen estimated that iPhone 7 Plus accounted for about 40 percent of an estimated 58.5 million iPhone 7 devices Apple sold globally during the December quarter. Contrast that with iPhone 6s Plus, which accounted for an estimated 23 percent of all iPhone 6s sales during the same quarter the previous year.

Foxconn reports first ever annual sales decline since going public 25 years ago

iPhone manufacturer Foxconn Technology Group posted its first ever sales decline since it went public back in 1991, Japanese outlet Nikkei reported Tuesday. The outlet expectedly blames “lukewarm demand” from Foxconn's biggest client Apple and the “saturated smartphone market” for the 2.81 percent drop in annual sales.

For context, Foxconn earns more than half of its revenue from doing business with Apple. The Taiwanese company is also known as Hon Hai Precision Industry and assembles iPhones and other gadgets like PlayStation consoles, notebooks, wearable devices and so forth on a mass scale.