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Open original source ↗To put the iPhone results and guide into perspective:
Heading into the report, the whisper number called for 10% iPhone growth in September. If Apple had met that whisper number and guided in line with Street expectations for December, total iPhone revenue over the two quarters would have been $124B.
Factoring in the 6% growth they reported in September and the guided “double-digit” growth for December, let’s call it 12%, suggests total iPhone revenue over the two quarters will be $126B.
In other words, iPhone revenue over a two-quarter period is coming in about 2% above already high expectations. $AAPL