Author: Chris Welch
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.
The increase in iPhone revenue comes even after Apple noted that the year-ago Q2 saw very strong iPhone demand due to the iPhone 12 series launching a bit later in the fall than normal. New products released by Apple during the...
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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.
The increase in iPhone revenue comes even after Apple noted that the year-ago Q2 saw very strong iPhone demand due to the iPhone 12 series launching a bit later in the fall than normal. New products released by Apple during the...
Continue reading…
Continue reading...