What you need to know
- The iPhone reached a new revenue record in the third quarter of 2021.
- iPhone sales grew 50% quarter over quarter to $39.6 billion.
The iPhone continues to be Apple's cash cow as highlighted during its latest earnings call.
During today's earnings call, Apple CFO Luca Maestri announced that the iPhone achieved a June quarter revenue record of $39.6 billion, a growth of a whopping 50% year-over-year. Maestri says that the iPhone 12 lineup contributed heavily to the product's success in the quarter.
Earlier in the call, Apple CEO Tim Cook said that the iPhone saw double-digit growth around the world, attributing its success to the new design, features, and inclusion of 5G.
Today, Apple hosted its Q3 earnings call and announced a June quarter revenue record of $81.4 billion, an increase of nearly $22 billion or 36 percent from a just year ago. If you want to learn more about what was said during the earnings call, check out the call transcript.
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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.