Apple has introduced its monetary outcomes for the quarter ending March 28. In a press launch, the corporate reported income of $111.2 billion, marking a 17 p.c enhance in comparison with Q2 final yr. Apple additionally famous that the iPhone 17 lineup is its hottest up to now.
Tim Prepare dinner, Apple’s CEO, stated the corporate delivered its best-ever March quarter, with the iPhone additionally posting a file March efficiency. He added that Apple’s Providers section reached an all-time excessive.
In the meantime, Apple’s CFO Kevan Parekh revealed that Apple generated over $28 billion in working money move. In an announcement to the Monetary Instances, he famous that the iPhone 17 lineup was the corporate’s hottest up to now and added that the iPhone might have even gained market share in the course of the quarter.
The iPhone 17 lineup consists of the iPhone 17, iPhone 17 Professional, iPhone 17 Professional Max, iPhone 17e, and the iPhone Air.
Apple iPhone 17e
Apple additionally shared an in depth income breakdown in the course of the earnings name. Complete product income got here in at $80.2 billion, whereas Providers generated $31 billion. The iPhone alone accounted for $57 billion in income. The corporate added that iPhone gross sales noticed double-digit development throughout a number of markets, together with the US, Western Europe, India, Japan, Higher China, and Southeast Asia.
Apple iPhone 17
Apple iPhone 17 Professional
In different segments, Mac income reached $8.4 billion, iPad introduced in $6.9 billion, and Wearables, Dwelling, and Equipment contributed $7.9 billion.
Apple iPhone 17 Professional Max
Apple iPhone 17 Air
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