Even because it offers with continued provide constraints and shoppers cautious of inflation, Apple in the present day reported the perfect March quarter in its historical past. The corporate tallied $97.three billion in income in Q2, up 9 p.c over the year-ago quarter. That amounted to a revenue of $25 billion, with earnings per share of $1.52.
Apple set March quarter income data for its iPhone, Mac, and Wearables / Dwelling / Equipment divisions. However the second quarter noticed a slowdown in iPad gross sales, which had been down barely yr over yr. Apple’s numerous providers grew to a brand new excessive of 825 million subscribers, up 165 million from the overall a yr in the past.
The rise in iPhone income comes even after Apple famous that the year-ago Q2 noticed very robust iPhone demand attributable to…
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