Did iPhone sales fall 16% last quarter, or did they grow 17%?
I’ve posted the interactive chart below at the urging of long-time reader Joseph Bland, who believes the wailing and gnashing of teeth over last quarter’s iPhone sales were misplaced.
“It’s nuts to compare Apple year over year,” he wrote after Tuesday’s earnings report. His point is that Apple releases iPhones on a two-year cycle—the iPhone year and the iPhone S year—and sales growth the second year is never as big as the first.
Check it out:
He’s right. The year-over-two-years comparison makes a lot more sense. It also makes Tuesday’ result—the so-called tough compare—look a lot less tough.
The quarters of triple digit growth, however, are not likely to return. At least not for the iPhone.