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iPhone and Mac drive Apple to record $109.4 billion quarter
['Ed Hardy']
Apple news, analysis and opinion, plus general tech news | Cult of Mac
“Today, Apple is proud to report our strongest June quarter ever, with double-digit revenue growth across iPhone, Mac and Services, and in every geographic segment,” said Tim Cook, Apple’s CEO, in a statement.
Apple revenue beats Wall Street expectations… again!
Revenue from iPhone increased 22% versus the same quarter of last year, reaching $54.3 billion, a June quarter record.
But Mac revenue was the real standout, shooting upward 29% YoY to $10.4 billion.
This is the money flowing in from the App Store, Apple Music, iCloud, Apple TV+ and other subscription offerings.