iPhone sales grow 50% to reach June quarter revenue record of $39.6 billion

Iphone 12 Pro Pacific Blue Hero
Iphone 12 Pro Pacific Blue Hero (Image credit: Christine Romero-Chan / iMore)

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.

iPhone revenue set a June quarter record of 39.6 billion, growing 50 percent year over year and exceeding our own expectations as the iPhone 12 family continue to be in very high demand. Performance was consistently strong across the world and we grew very strong double digits in each geographic segment setting June quarter records in most markets we track. Our active installed base of iPhones reached a new all time high, thanks to the exceptional loyalty of our customer base and the strength of our ecosystem. In the U.S., the latest survey of consumers from 451 Research, indicates iPhone customer satisfaction of 97 percent for the iPhone 12 family.

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.

For iPhone, this quarter saw very strong double digit growth in each geographic segment, and we continue to be heartened by customers response to the iPhone 12 lineup. We're only in the early innings of 5G, but its already incredible performance and speed have made a significant impact on how people can get the most out of our technology.Customers love iPhone 12 for its super fast 5G speeds, A14 Bionic chip and Dolby Vision camera never seen before in a phone.

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.

Joe Wituschek

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.