After apple Latest results For the fiscal quarter ending in June, Apple CEO Tim Cook Is called a period “An extraordinary quarter by any solution.”
with Largest revenue growth Since December 2021, the third quarter earnings blew up the hopes of the previous analyst. Apple reported a total revenue of $ 94 billion, which is more than 10% year-to-year and Wall Street’s estimate of $ 89.53 billion.
Cook said in the report, “Apple is proud to report the revenue records of the June quarter.”
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What happened due to surprising major revenue? Cook credited the development “in the iPhone, Mac and services in the development of double digits” as well as global expansion “in every geographical section”. In other words, some Apple products are better selling worldwide than before.
Apple CEO Tim Cook. Photo by Angela Weis/AFP through Getty Image
According to Apple Financial statement For the quarter, iPhone sales fired the wholesale of revenue, brought $ 44.58 billion for the quarter, over $ 39.3 billion at the same time last year and more than Wall Street Expectations $ 39.8 billion. The largest single contributor of the overall revenue of iPhone Apple was accounting for about half of the total net sales.
Cook said Earning calls with analysts After the report that the iPhone category’s strong performance was “due to the popularity of the iPhone 16 family, which was in a strong double digits year-away.” He also said that in the quarter, Apple had sent its three billion iPhone. Phone launch in 2007.
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The next was the largest category services, including Apple’s membership-based offerings such as Apple TV+, iCloud and Apple Music, as well as app store and iTunes Store. Services provided in $ 27.42 billion for the quarter, growing from $ 24.2 billion in the same period last year and “All-time records” according to Cook’s statements on earnings call. He said that the revenue growth app was due to a double digit increase in sales of app store.
Meanwhile, Mac Revenue increased by $ 1 billion to $ 1 billion to reach $ 8 billion from year to year, up to 15%. Cook said on the call that the growth “was inspired by the strength of M4 MacBook Air,” which Apple Released in March With an initial price of $ 999.
Adequate increase in some businesses falls into others for the quarter. Both iPads and Wearbals, Home and Accessories categories reported a year-on decline in revenue, the iPad declined from $ 7.2 billion to $ 6.6 billion and Wearbals, home and accessories from $ 8 billion to $ 7.4 billion.
However, a wearet reached new heights. Cook touched with “1 June Record for Apple Watch upgrade” $ 399 products Reaching your ten -year anniversary during the quarter.
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Cook also said on the earnings call that AI would have an impact on “all” apple equipment.
“AI is one of the most intensive techniques of our lifetime,” he said.
Apple is the third most valuable company in the world, which has market value $ 3.07 trillion At the time of writing.
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After apple Latest results For the fiscal quarter ending in June, Apple CEO Tim Cook Is called a period “An extraordinary quarter by any solution.”
with Largest revenue growth Since December 2021, the third quarter earnings blew up the hopes of the previous analyst. Apple reported a total revenue of $ 94 billion, which is more than 10% year-to-year and Wall Street’s estimate of $ 89.53 billion.
Cook said in the report, “Apple is proud to report the revenue records of the June quarter.”
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