iphone-growth

Just two days back Apple announced record breaking quarterly results. iPhone sales have reached a new high, 74.5 million units, aided by the popularity of iPhone 6 and iPhone 6 Plus. Apple CEO Tim Cook himself said that these new iPhones have brought about the higher switchover rate from Android in recent years. A report from CIRP shows that majority of those Android users are from emerging markets in different parts of the world.

The latest data from Consumer Intelligence Research Partners revealed that in the U.S. 19 percent of iPhone customers said that they had made the switch from Android during the previous quarter, the numbers overseas were much greater.

CRIP says that the reason why majority of Android users switching to iPhone from emerging markets is because there is still room for growth at the high-end segment in those markets.

Since Apple delivered on customers’ hopes by bumping up the display sizes significantly for iPhone 6 and iPhone 6 Plus this just provided a big boost for sales.

The new iPhones have also spurred growth much closer to home as well. The decision to increase display sizes on the iPhones has definitely paid off, resulting in 74.5 million units being sold during a three month period, and Apple posting an overall quarterly profit of some $18 billion, more than any other company has ever done in a single quarter.

Filed in Apple >Cellphones. Read more about , and .

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