A miss: Apple sells 26 million iPhones in third quarter

The number of units sold is a 28 percent gain year-over-year but comes in below analyst expectations.

Source: Apple, CNET

Peter Oppenheimer, Apple's Sr. VP and CFO, said the company did better than it expected even on iPhone sales.

"Given what's going on around us, we are happy," he said during the conference call following the Q3 earnings release.

Oppeheimer said factors that impacte the sales included the weak economic conditions in Europe and other countires, but also due to the rumors that have swirled around the iPhone lately -- particulary speculation that a new iPhone is on its way.

"We think this has caused some pause in customers' purchasing," he said, adding that the company doesn't expect to add any new country or carrier in September.

 

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