Apple's not selling as many iPhones as it used to

iPhone sales aren't as hot as they used to be.

The company announced its Q1 2018 earnings on Thursday and — surprise, surprise! — it set another all-time quarterly revenue record, bolstered by iPhone sales.

Total revenue this past quarter increased to $88.3 billion from $78.4 billion, a 12.63 percent increase year-over-year. But while revenue increased, iPhone sales dropped.

SEE ALSO: Why it makes no sense for Apple to bring iPad apps to Macs

Though the company doesn't break unit out individual unit sales by model, Apple says it sold 77.3 million iPhones — a decrease from the 78.2 million iPhones it sold in the same period in 2017. Read more...

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