Apple iPhone X best selling smartphone in early 2018

Apple announced its quarterly earnings this week and contrary to analyst predictions, its most-expensive iPhone X came out to be its best-selling smartphone in the first quarter of 2018.

The iPhone X was believed to impact Apple's sales revenue owing to its sheer $1,000 price tag. However, Apple shipped 16 million units of the 'most expensive iPhone ever' in the given quarter, Cnet reports.

In comparison, iPhone 8 and iPhone 8 Plus, which were launched alongside the iPhone X, sold 12.5 million units and 8.3 million units respectively.

In terms of revenue, Apple earned $150 billion and $34 billion in earnings for the first half of its fiscal year.