US iPhone Sales Saw Robust Growth in the First Quarter

US iPhone Sales Saw Robust Growth in the First Quarter

Apple’s (AAPL) iPhone shipments grew 2.9% in fiscal Q2 2018 from fiscal Q2 2017. While it’s a slight improvement from -1% in fiscal Q1 2018, the growth rate has slowed down drastically from two years ago. The first-quarter growth rate is decent compared to a -2.9% YoY decline in the global smartphone market, according to IDC (International Data Corporation).