What you need to know
- Apple has reported another record-breaking quarter.
- The company posted a revenue record of $97.3 billion in the March quarter.
Apple has reported another record quarter.
In a press release, the company announced that it has released its financial results for the second fiscal quarter ending on March 26, 2022. Apple says that it has posted a new revenue record for its March quarter, reaching $97.3 billion and a growth of nine percent year over year.
Apple CEO Tim Cook said that this quarter's results are a "testament to Apple's relentless focus on innovation and our ability to create the best products and services in the world."
Apple CFO Luca Maestri pointed out that the company also set another all-time revenue record for its services business.
Tim Cook and Luca Maestri are expected to lead the earnings call with investors that is expected to occur today at 5:00 PM EST.
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Joe Wituschek is a Contributor at iMore. With over ten years in the technology industry, one of them being at Apple, Joe now covers the company for the website. In addition to covering breaking news, Joe also writes editorials and reviews for a range of products. He fell in love with Apple products when he got an iPod nano for Christmas almost twenty years ago. Despite being considered a "heavy" user, he has always preferred the consumer-focused products like the MacBook Air, iPad mini, and iPhone 13 mini. He will fight to the death to keep a mini iPhone in the lineup. In his free time, Joe enjoys video games, movies, photography, running, and basically everything outdoors.