The company said Tuesday that the number of iPhones sold globally fell 1 percent in the first calendar quarter, compared with the same<br />period a year ago, although revenue rose to $52.9 billion as more customers bought the supersized, more expensive iPhone 7 Plus.<br />Customers Waiting on New iPhones Crimp Apple’s Profits -<br />By VINDU GOELMAY 2, 2017<br />SAN FRANCISCO — Apple’s iPhone business is sailing squarely into the doldrums between new models.<br />Services grew 18 percent to $7 billion, and Mr. Cook said<br />that customers were paying for 165 million active subscription services from Apple and third parties.<br />Apple raised the amount of money it was willing to commit to stock buybacks by $50 billion, and Mr. Maestri said<br />that it would continue to buy despite the record price.<br />A version of this article appears in print on May 3, 2017, on Page B2 of the New York edition<br />with the headline: Apple Profit Up, but iPhone Sales Fall in Anticipation of New Model.
