Apple February iPhone Sales Up 26% While Foldable Model Faces Delay
Apple saw February iPhone sales rise 26% year-over-year as the iPhone 17 sold 20% more than its predecessor, boosting average selling prices 7% and driving iPhone revenue to $85.3 billion. Production of Apple’s first foldable iPhone could be delayed several months, limiting initial volume to 7–8 million units.
1. iPhone Sales Surge in February
Apple reported a 26% year-over-year increase in February iPhone shipments, led by the iPhone 17 selling nearly 20% more units than the iPhone 16 during launch. Average selling price rose about 7%, with China delivering roughly 20% growth, helping iPhone revenue reach $85.3 billion ahead of expectations.
2. Engineering Challenges Delay Foldable iPhone
Engineering hurdles in early test production may delay the first foldable iPhone by several months, putting an April-May verification window under pressure. Initial output is set at 7–8 million units—less than 10% of the planned annual volume—as Apple prioritizes premium models and navigates complex design adjustments.