Apple notes in their earnings report that Services revenue in their fiscal 4th quarter of 2017 included "a favorable one-time adjustment of $640 million due to a change in estimate based on the availability of additional supporting information".
In Singapore, there are "hundreds" waiting for the iPhone X outside Apple's freshly-opened store.
Apple did not disclose how many customers had placed preorders of the iPhone X, nor did its release comment on speculation iPhone X demand has hurt iPhone 8 sales.More news: Sony's Aibo robot dog is back and smarter than ever
"I've got goosebumps - it's another great quarter, tremendous momentum and we've got the iPhone X to look forward to", Hank Smith, chief investment officer at Haverford Trust, which owns Apple shares, said in a Bloomberg Television interview.
Analysts on average were expecting total revenue of $50.7 billion, according to Thomson Reuters I/B/E/S.
The iPad continued its return to sales growth as well, with 10.3 million units sold last quarter, beating the year-ago sales numbers by 11 percent.
Services and software continue to burn brightly in Apple's universe, bringing in a record $8.5 billion last quarter, and outshining last year's revenues by an incandescent 34 percent.More news: Paris Games Week kicked off with a PlayStation conference
The iPhone 8 and 8 Plus phones were well received by critics but were so similar to the previous 7 and 7 Plus models that carriers reported less interest in the new phones than years past.
"Price appears to be a major constraint on iPhone X demand, particularly in China", Bernstein analyst Toni Sacconaghi said in a recent report that showed three-quarters of Chinese respondents were excited by the upcoming launch, but only a quarter said they planned to buy one. A year ago, Apple generated 78.4 billion during the holiday quarter.
The organic light-emitting diode technology used in iPhone X screens is now sourced from just one supplier, Samsung Display Co., while the array of components used to make the three-dimensional sensor have never previously been manufactured in the quantities required for the iPhone X, and suppliers have struggled to ramp up production effectively. Six analysts surveyed by Zacks expected $51.17 billion.
The redesigned Apple iPhone X gets rid of the Home button and adds a 3D face scanner. That represented 25 percent growth from the same period a year earlier when sales were $5.74 billion.More news: Submarine builder admits dismembering journalist's body