• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechApple

Apple CEO Tim Cook Ducked iPhone X Sales Questions. Here’s How

By
Aaron Pressman
Aaron Pressman
Down Arrow Button Icon
By
Aaron Pressman
Aaron Pressman
Down Arrow Button Icon
November 2, 2017, 7:54 PM ET

Apple reported its most recent quarterly results on Thursday, but analysts and investors seemed far more focused on the past week—when pre-orders for the iPhone X started—than the past three months.

The all-new phone is Apple’s first with a higher-contrast OLED screen, a facial scanner instead of a fingerprint reader, and a price tag starting at $999. Orders for the new iPhone 8 models, which went on sale in late September, seemed to be weaker than expected, so Wall Street has focused on the prospects for the X model as critical to future stock gains.

Last week, Apple said that initial demand for the iPhone X was “off the charts.” On Thursday, Apple said iPhone X orders were “very strong” and gave guidance that holiday quarter revenue would be up to $87 billion, which would be a record high and signify booming sales across the product line.

Apple shares (AAPL) initially jumped as much as 3% in after-hours trading on the news.

But CEO Tim Cook and CFO Luca Maestri didn’t provide many details when analysts asked about pre-orders, supplies, and any breakdown of sales between the various iPhone models. And analysts kept on asking.

Cook came up with a couple of different ways to duck the questions, ranging from shutting down the conversation to changing the subject. In response to the obfuscation, Apple (AAPL) shares retreated somewhat, but still showed a gain of more than 2% after the call with analysts.

Get Data Sheet, Fortune’s technology newsletter.

Here’s a sampling of how the Cook dodged and weaved with his answers:

  • “We’re going to get as many of them as possible to the customers as soon as possible. I can’t predict at this point when that balance will happen. In terms of March, we don’t give guidance beyond the current quarter.”
  • “We never go through mix but I would share with you that the iPhone X orders are very strong for both direct customers and for our channel partners, which as you know are lots of carriers throughout the world.”
  • “This is the first time that we’ve ever been in the position that we have three new iPhones at once like this at the top end of the line and it’s the first time we’ve had a staggered launch. And so we’re going to see what happens. We put our absolutely best thinking that we have here in the guidance that Luca presented and you can tell from that we’re bullish.”
  • “Obviously I’m not going to talk about mix. It’s not something that we’ve done in the past.”
  • “The truth is we don’t know. We’ve put our best estimate into the guidance and you can see from the guidance that we’re very bullish.”
  • “Until you get all of them out there where customers have the ability to demo and so forth, I think any kind of mix discussion is very much estimating. So we’ve put our best estimates in but grantedly (sic) we’ve never done this before. So there’s no comparison here with either the three iPhones nor the staggered launch. So we’re going to learn something.”
  • “I hate to repeat this but we don’t really disclose mix. We view it as competitive information that we want to hold tightly ourselves.”
About the Author
By Aaron Pressman
See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in Tech

NewslettersTerm Sheet
 Valerie Health raises $30 million Series A to scale “AI front offices” for physicians
By Allie GarfinkleDecember 16, 2025
46 minutes ago
InvestingStock
Global selloff in stocks signals AI bubble may be ending in the healthiest way possible
By Jim EdwardsDecember 16, 2025
1 hour ago
A Ford F-150 Lightning on sale at a Chicago dealership on December 15, 2025. (Photo: Scott Olson/Getty Images)
NewslettersFortune Tech
Ford takes a $19.5 billion hit as EV demand drops
By Andrew NuscaDecember 16, 2025
2 hours ago
Detroit, Michigan, Residents picket DTE Energy, opposing the electric utility's plan to provide power for a proposed $7 billion data center in rural Michigan.
EnvironmentData centers
A grassroots NIMBY revolt is turning voters in Republican strongholds against the AI data-center boom
By Eva RoytburgDecember 16, 2025
4 hours ago
Paramount
BankingM&A
Warner Bros. is blockbuster finale to $4.5 trillion M&A haul
By Michelle F. Davis, David Carnevali, Ryan Gould, Swetha Gopinath and BloombergDecember 15, 2025
13 hours ago
slop
CybersecurityCulture
The word of the year is ‘slop,’ Merriam-Webster says
By Anna Furman and The Associated PressDecember 15, 2025
14 hours ago

Most Popular

placeholder alt text
Success
'I had to take 60 meetings': Jeff Bezos says 'the hardest thing I've ever done' was raising the first million dollars of seed capital for Amazon
By Dave SmithDecember 15, 2025
19 hours ago
placeholder alt text
Success
Meetings are not work, says Southwest Airlines CEO—and he’s taking action, by blocking his calendar every afternoon from Wednesday to Friday 
By Preston ForeDecember 15, 2025
21 hours ago
placeholder alt text
Success
Sorry, six-figure earners: Elon Musk says that money will 'disappear' in the future as AI makes work (and salaries) irrelevant
By Orianna Rosa RoyleDecember 15, 2025
23 hours ago
placeholder alt text
AI
Deloitte's CTO on a stunning AI transformation stat: Companies are spending 93% on tech and only 7% on people
By Nick LichtenbergDecember 15, 2025
1 day ago
placeholder alt text
Personal Finance
Current price of silver as of Monday, December 15, 2025
By Joseph HostetlerDecember 15, 2025
23 hours ago
placeholder alt text
North America
Ford writes down $19.5 billion as it pivots electric Lighting line of vehicles
By Sasha RogelbergDecember 15, 2025
15 hours ago