“Today, Apple is proud to report a remarkable, record-breaking quarter, with revenue of $143.8 billion, up 16 percent from a year ago and well above our expectations,” said Tim Cook, Apple’s CEO. “iPhone had its best-ever quarter driven by unprecedented demand, with all-time records across every geographic segment, and Services also achieved an all-time revenue record, up 14 percent from a year ago. We are also excited to announce that our installed base now has more than 2.5 billion active devices, which is a testament to incredible customer satisfaction for the very best products and services in the world.”
dane•1h ago
Interesting that services revenue growth (+14% YoY) is less than overall revenue growth (+16% YoY).
It really shows the reliance on the iPhone for revenue growth remains, with iPhone giving 23% YoY revenue growth, while Mac and wearables declined YoY.
linkage•1h ago
dane•1h ago
It really shows the reliance on the iPhone for revenue growth remains, with iPhone giving 23% YoY revenue growth, while Mac and wearables declined YoY.