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Booming iPhone gross sales gas Apple’s newest record-breaking quarter

Source link : https://tech365.info/booming-iphone-gross-sales-gas-apples-newest-record-breaking-quarter/

Apple on Thursday introduced report earnings for its March quarter, with income up 17%. Gross sales of iPhones proceed to growth, with income from handsets — Apple’s most essential product — up 22% 12 months over 12 months.

“Today Apple is proud to report our best March quarter ever, with revenue of $111.2 billion and double-digit growth across every geographic segment,” mentioned Tim Cook dinner, Apple CEO, in a press release. “iPhone achieved a March quarter revenue record, fueled by such extraordinary demand for the iPhone 17 lineup.”

Apple income climbs on sturdy iPhone demand

Earlier than this announcement, Wall Avenue predicted Apple would usher in $109.7 billion, with earnings per share at $1.95. As famous, precise income hit $111.2 and EPS hit $2.01.

“We were excited to introduce remarkable new products to our strongest lineup ever,” mentioned Cook dinner. “That included the addition of the iPhone 17e and the M4-powered iPad Air, along with the launch of MacBook Neo, which is captivating customers all around the world.”

The Apple CEO known as out sturdy demand for iPhones. Over the past quarter, income from iOS handsets reached $57 billion, an eye-opening 22% annual enhance.  

Progress for Companies, Mac, and iPad, too

Income in the course of the March quarter from companies — the App Retailer, iCloud, and many others. — additionally grew strongly, up 16% 12 months over 12 months. Companies income is taken into account vital to the…

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Author : tech365

Publish date : 2026-05-02 03:09:00

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