https://www.techradar.com/news/iphone-x-boosts-apple-revenues >The higher margins afforded by the new iPhone X led to a huge 16 per cent increase in revenues to $61.6bn at Apple. >iPhone sales grew by 3 percent to 52.2 million during the second quarter of 2018, but revenue jumped by 14 per cent thanks the iPhone X, which is the most expensive smartphone the company has ever produced.