Apple Services Revenue Hits Record High While iPhone Sales Rise
Apple reported record revenue of $114.5 billion for the September quarter under CEO John Ternus.
iPhone and Mac Performance
The company posted total quarterly revenue of $114.5 billion, which represents a 12 percent increase year over year. iPhone revenue jumped 17 percent to reach a record $57.58 billion despite the absence of a standard model in the refresh.
Services Segment Growth
The Services segment generated $31.6 billion, marking a new all-time high for the business unit. This figure includes income from the App Store, Apple TV, and other digital services offered to customers.
Mac and iPad Sales
Mac revenue grew by 24 percent while iPad sales declined 10 percent compared to the previous year. These results were part of the fiscal fourth-quarter earnings released on November 2.
All 2 outlets report consistently
No differences in figures, names or dates across these reports.
- Variety
- Hypebeast
Reported by
2 independent outlets. Headlines as published. Links open the original report.