Apple’s iPhone 12 series was launched too late to be included in the fourth quarter earnings report shared on Thursday, but Apple CEO Tim Cook said in an interview with CNBC on Thursday that he was “optimistic” about Apple’s iPhone 12 sales because of 5g support, carrier promotion and loyal installed capacity. < / P > < p > according to cook, the preliminary figures for iPhone 12 sales are “really pretty good.”. In the earnings call, cook continued to say that the iPhone 12 series is the strongest lineup Apple has so far. Because of the stimulation of 5g technology, 5g is also a once-in-a-decade opportunity. “We have a good start.” Cook said. < / P > < p > iPhone 12 sales will be included in Apple’s first quarter 2021 earnings report, not this quarter, but Apple declined to provide guidance for the first quarter of 2021. Cook said that “this is not an environment that can be directed” because of “sufficient uncertainty” caused by the ongoing global health crisis. < / P > < p > one of Apple’s weaknesses is that sales in China have declined throughout the year. Sales fell to $7.95 billion from $11.13 billion in fy2019. Mr. Cook said he was confident of turning that around in the next quarter. < / P > < p > “new iPhones account for a large proportion of revenue in the Chinese market. So that’s why the total quarterly numbers start with a minus sign. But given the new iPhone we saw earlier, we are confident of growth in the first quarter. ” < / P > < p > Apple announced its record fourth quarter 2020 results on Thursday, with revenue of $64.7 billion and profit of $12.7 billion, of which service revenue hit a record high. Privacy Policy