Apple reports best March quarter ever with new records for iPhone and Mac
Even as it deals with continued supply constraints and consumers wary of inflation, Apple today reported the best March quarter in its history. The company tallied $97.3 billion in revenue in Q2, up 9 percent over the year-ago quarter. That amounted to a profit of $25 billion, with earnings per share of $1.52.
Apple set March quarter revenue records for its iPhone, Mac, and Wearables / Home / Accessories divisions. Apple’s various services grew to a new high of 825 million subscribers. And the Mac continues to surge. “The last seven Mac quarters have now been the top seven quarters ever in the history of the Mac,” Apple CEO Tim Cook told CNBC. But the second quarter saw a slowdown in iPad sales, which were down slightly year over year....