Apple reports best March quarter ever with new records for iPhone and Mac
Photo by Vjeran Pavic / The Verge Even as it deals with continued supply constraints and consumers wary of inflation, Apple today reported the best March quarter in its history. The company tallied $97.3 billion in revenue in Q2, up 9 percent over the year-ago quarter. That amounted to a profit of $25 billion, with earnings per share of $1.52. Apple set March quarter revenue records for its iPhone, Mac, and Wearables / Home / Accessories divisions. But the second quarter saw a slowdown in iPad sales, which were down slightly year over year. Apple’s various services grew to a new high of 825 million subscribers, up 165 million from the total a year ago. The increase in iPhone revenue comes even after Apple noted that the year-ago Q2 saw very strong iPhone demand due to... Continue reading…
Even as it deals with continued supply constraints and consumers wary of inflation, Apple today reported the best March quarter in its history. The company tallied $97.3 billion in revenue in Q2, up 9 percent over the year-ago quarter. That amounted to a profit of $25 billion, with earnings per share of $1.52.
Apple set March quarter revenue records for its iPhone, Mac, and Wearables / Home / Accessories divisions. But the second quarter saw a slowdown in iPad sales, which were down slightly year over year. Apple’s various services grew to a new high of 825 million subscribers, up 165 million from the total a year ago.
The increase in iPhone revenue comes even after Apple noted that the year-ago Q2 saw very strong iPhone demand due to...
